Q:Question:current liabilities Income taxes Total current liabilities Long-term debt Deferred income taxes Other long-term liabilities Total liabilities Stockholders' equity: Preferred stock Common stock Additional paid-in capital-common stock Retained earningsUsing Steele's financial statements as shown above, respond to the following requirements. 1. Compute the five debt management ratios for 2022 and 2023. Round your answers to two decimal placesA:Answer:See a step by step answer