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Sunset Walk Rentals reported the following selected amounts in its post-closing trial balance as of December 31, 2023 and December 31, 2024. All accounts have

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Sunset Walk Rentals reported the following selected amounts in its post-closing trial balance as of December 31, 2023 and December 31, 2024. All accounts have normal balances. (Click the icon to view the balances.) Requirements 1. Calculate the cash ratio for the two years. Round to two decimal places. 2. Did the company's position improve or weaken? Explain your answer. Requirement 1. Calculate the cash ratio for the two years. Round to two decimal places. Determine the formula, then calculate the cash ratio for 2024 and 2023. (Enter the cash ratio to two decimal places, X.XX.) Data table

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