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Requirement 1a. Compute the acid-test ratio for 2024 and 2023 . (Round to two decimals.) (Abbrovidons used Cash * Cash including cash equivalents, ST inmext.

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Requirement 1a. Compute the acid-test ratio for 2024 and 2023 . (Round to two decimals.) (Abbrovidons used Cash * Cash including cash equivalents, ST inmext. short tem investments, Round the acid lest ratios to two decimals, XX ) \begin{tabular}{|c|c|c|c|} \hline & + & 1= & ARBam \\ \hline 2024 & 1 & 1. & \\ \hline 2023 & - & * & \\ \hline \end{tabular} Data table uding cas tio ed: Cash AR trend fa Requirement 2 . Considecing each ratio ind vidualy, which ratios improved from 2023 to 2024 and which ratios detericrated? ts the trend favorable or untavorable for the compary? The acid-test ratio from 2023 to 2024. This trend the company The accounts receivable furnover The diy's' sales in receivables from 2023 to 2024. This frend 2023 to 2024. This trund the company. Requirement 1a. Compute the acid-test ratio for 2024 and 2023 . (Round to two decimals.) (Abbrovidons used Cash * Cash including cash equivalents, ST inmext. short tem investments, Round the acid lest ratios to two decimals, XX ) \begin{tabular}{|c|c|c|c|} \hline & + & 1= & ARBam \\ \hline 2024 & 1 & 1. & \\ \hline 2023 & - & * & \\ \hline \end{tabular} Data table uding cas tio ed: Cash AR trend fa Requirement 2 . Considecing each ratio ind vidualy, which ratios improved from 2023 to 2024 and which ratios detericrated? ts the trend favorable or untavorable for the compary? The acid-test ratio from 2023 to 2024. This trend the company The accounts receivable furnover The diy's' sales in receivables from 2023 to 2024. This frend 2023 to 2024. This trund the company

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