Mountain Cabin Rentals reported the following selected amounts in its post-closing trial balance as of December 31,2023 and December 31, 2024. All accounts have normal balances. (Click the icon to view the balances:) Requirements 1. Calculate the cash ratio for the two years, Round to two decimal places. 2. Did the company's position improve or weaken? Explain your answer. Requirement 1. Calculate the cash ratio for the two years. Round to two decimal places. Determine the formula, then calculate the cash ratio for 2024 and 2023. (Enter the cash ratio to two decimal places, XXX. Data table Data table Mountain Cabin Rentals reported the following selected amounts in its post-closing trial balance as of December 31,2023 and December 31, 2024. All accounts have normal balances. [Click the icon to view the balances.) Requirements 1. Calculate the cash ratio for the two years. Round to two decimal places. 2. Did the company's position improve or weaken? Explain your answer. Determine the formula, then calculate the cash ratio for 2024 and 2023. (Enter the cash ratio to fwo decimal places, XXX. 2023 2024 Mountain Cabin Rentals reported the following selected amounts in its post-closing trial balance as of December 31,20 : and December 31, 2024. All accounts have normal balances. (Click the icon to view the balances.) Requirements 1. Calculate the cash ratio for the two years. Round to two decimal places. 2. Did the company's position improve or weaken? Explain your answer. Requirement 2. Did the company's position improve or weaken? Explain your answer. The cash ratio from 2023 to 2024 indicating in the company's ablities to pay its short-term debts. The company's cash ratio, which is could indicate that the company has