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The balance sheets for Plasma Screens Corporation and additional Information are provided below. Additional Information for 2024 : 1. Net Income is $184,000. 2. Sales

image text in transcribed The balance sheets for Plasma Screens Corporation and additional Information are provided below. Additional Information for 2024 : 1. Net Income is $184,000. 2. Sales on account are $1,890,000. 3. Cost of goods sold Is $1,394,250. Requlred: 1. Calculate the following risk ratlos for 2024 : 2. When we compare two companles, can one have a higher current ratlo while the other has a higher acid-test ratio? Complete this question by entering your answers in the tabs below. Calculate the following risk ratios for 2024: (Round your answers to 1 decimal place.) The balance sheets for Plasma Screens Corporation and additional Information are provided below. Additional Information for 2024 : 1. Net Income is $184,000. 2. Sales on account are $1,890,000. 3. Cost of goods sold Is $1,394,250. Requlred: 1. Calculate the following risk ratlos for 2024 : 2. When we compare two companles, can one have a higher current ratlo while the other has a higher acid-test ratio? Complete this question by entering your answers in the tabs below. Calculate the following risk ratios for 2024: (Round your answers to 1 decimal place.)

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