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 Assets Current assets $ $ 170,200 68,000 90,000 3.500 115,000 87.000 75,000 1,500 630.000 740.000 378,000) $1,123,700 430.000 620.000 (218,000) $1,110,500 Accounts receivable Inventory Investments Long-term assets Land Equipment Less Related depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Recounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Cormon stock Retained earnings Total liabilities and stockholders' equity $ 94,000 5.500 7.500 0 000 11,500 100,000 200,000 650.000 266.700 $1,123,700 650.000 164,500 $1,110,500 Additional information for 2021 1. Net income is $102 200 2. Sales on account are $1348.500 3. Cost of goods sold is $1056,000. Recuired: F G H Additional information for 2021: 1. Net income is $102,200, 2. Sales on account are $1,348,500. 3. Cost of goods sold is $1,056,000. Required: 1. Calculate the following risk ratios for 2021 (Round your answers to 1 decimal place.) Risk Ratios a Receivables tumover ratio b. Inventory tumover ratio c. Current ratio d. Aciderato 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 No v BN