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- Large Limb Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2018. To answer this question, you gath (Click the icon to view the data) Read the requirements 2018 02 2017 0.28 c. Compute the acid-test ratios for 2018 and 2017 Data Table Begin by selecting the formula to compute the acid-test ratio. Acid-test ratio = (Cash + Short term investments + Net current receivables) / Total current liabilities 2018 2017 Now, compute the acid-test ratios for 2018 and 2017 (Round your answers to two decimal places, XXX) Cash 5 60.000 $ 57,000 2018 0.75 Short-term Investments 33.000 2017 094 Net Accounts Receivables 135.000 132.000 Merchandisentory 247.000 207.000 d. Compute the debt ratio for 2018 and 2017 Total Assets 570,000 505.000 Begin by selecting the formula to compute the debit ratio Total Current Liabilities 305.000 Debt ratio - Total liabilities/ Total assets. Long term Note Payable 46.000 54.000 Now.compute the debt ratios for 2018 and 2017 Round your answer to one tenth of a percent, XX%) Income from Operations 150.000 168.000 Interest Expense 48.000 45.000 2010 2017 Print Done Enter any number in the edt fields and then ck Check Answer parte Clear All