(RED-21 (similar to) 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 2016. To answer this question, you gather the folowing data Question Help (Click the icon to view the data ) Compute the following ratios for 2016 and 2015, and evaluate the company's abity to pay its current liabilities and total liabilitios: a. Current ratio b. Cash ratio c. Acid-test ratio Debt ratio Debt to equity ratio d. e. a. Compute the current ratios for 2016 and 2015 Begin by selecting the formula to compute the current ratio. Current ratio i Data Table 2016 2015 $52,000 $ 47,000 Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities Long-term Note Payable Income from Operations Interest Expense 29,000 122,000 134,000 267,000 257,000 495,000 535,000 288,000 205,000 36,000 48,000 160,000 168,000 52,000 33,000