The balance sheets for Plasma Screens Corporation and additional information are provided below. PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ 191.200 $ 113.000 5.000 88.000 73.000 1.300 410.000 720 000 (358,000) $1.118.500 410.000 600.000 (198.000) $1,084,300 Assets Current assets: Cash Accounts receivable Inventory Investments Long-term assets: Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity $ 92.000 S 5.500 7.500 78.000 11300 120.000 240.000 630.000 2631500 $1.118.500 30000 120,700 $1,084,300 Additional information for 2021: 1. Net income is $142,800. 2. Sales on account are $1,281,400. 3. Cost of goods sold is $1,014,300. Required: 1. Calculate the following risk ratios for 2021: (Round your answers to 1 decimal place.) Risk Reties a Receivables tumover ratio Inventory tumover ratio d Acid-test ratio Debt to quity ratio 2. When we compare two companies, can one have a higher current ratio while the other has a higher acid-test ratio? Yes