The balance sheets for Video Screens Corporation and additional information are provided below. VIDEO SCREENS CORPORATION Balance Sheets December 31, 2024 and 2023 2024 2023 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. Additional information for 2024: 1. Net income is $143,000. 2. Sales on account are $1,776,300. 3. Cost of goods sold is $1,323,000. $200,600 92,000 $127,000 99,000 102,000 87,000 4,700 2,700 550,000 550,000 860,000 740,000 (498,000) (338,000) $1,311,300 $1,267,700 $106,000 $92,000 6,500 12,700 8,500 5,700 110,000 220,000 770,000 770,000 310,300 167,300 $1,311,300 $1,267,700 dditional information for 2024: 1. Net income is $143,000. 2. Sales on account are $1,776,300. 3. Cost of goods sold is $1,323,000. equired: Calculate the following risk ratios for 2024: When we compare two companies, can one have a higher current ratio while the other has a higher acid-test ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the following risk ratios for 2024: (Round your answers to 1 decimal place.) Risk Ratios a. Receivables turnover ratio b. Inventory turnover ratio Current ratio d. Acid-test ratio . Debt to equity ratio: times times Required 1 Required 2 >