Question 2. [30 POINTS] Algonqun Carpets reported the following amounts in its 2022 financial statements. The 2021 figures are given for comparison. Requirements 1.Calculate Algonquin's acid-test ratio for 2013.Determine whether Algonquin's. acid-test ratio improved or deteriorated from 2021 to 2022. How does Algonquin's acid-test ratio compare with the industry average of 0.80 ? 2.Calculate the days' sales in receivables for 2013 . How do the results compare with Algonquin's credit terms of net 30 ? 3. Calculate Algonquin's accounts receivable turnover ratio. How does Algonquin's ratio compare to the industry average accounts receivable turnover of 10