* Requements Compute the following ratios for 2024 and 2023, and evaluate the company's ability to pay its current liabilities and total liabilities: a. Current ratio d. Debt ratio b. Cash ratio e. Debt to equity ratio c. Acid-test ratio Print Done All Check Answer sok Air II E7 ce Big Bend Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabi gather the following data: (Click the icon to view the data.) Read the requirements a. Compute the current ratios for 2024 and 2023. Begin by selecting the formula to compute the current ratio, Current ratio Total current assets + Total current liabilities Cor eva and Now, compute the current ratios for 2024 and 2023. (Round your answers to two decimal places, X.XX.) a. Current ratio 2024 1.50 2023 2.26 Enter any number in the edit fields and then click Check Answer 9 parts Clear All remaining MacBook Air r de! mine whether the * Data Table 2024 2023 2023 $ 60,000 $ 57,000 The current ratio. 0 Total current liabiliti and 2023. (Round y Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities Long-term Notes Payable Income from Operations Interest Expense 26,000 136,000 207,000 555,000 285,000 44,000 134,000 257,000 550,000 182,000 62,000 148,000 33,000 155,000 42,000 nd then click Check A Print Done Clear All MacBook Air 20. GOD DOO F3 ES F6 F7 FB 9 7 $ k 4 % 5 & 7 6 8 9