se 17-19 Ability to Pay K Question 2, EF17-19 (similar to) Part 1 of 11 HW Score: 0%, 0 of 6 points O Points: 0 of 5 Saw Large Land Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2024. To answer this question, yw 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 his Etext pages Calculator Data table Requirements 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 b. Cash ratio c. Acid-test ratio d. Debt ratio e. Debt to equity ratio Cash Print Done Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets 2024 2023 S 56,000 S 52.000 26,000 0 146,000 134,000 227,000 267,000 585,000 460,000 Total Current Liabilities Long-term Notes Payable 305,000 192,000 Income from Operations Interest Expense 48,000 54,000 150,000 178,000 52,000 33.000 Drint Done Ner