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The comparative financial statements of Blue Sky Supply for 2025, 2024, and 2023 include the data shown here: View the comparative financial data. Read the

The comparative financial statements of Blue Sky Supply for 2025, 2024, and 2023 include the data shown here: View the comparative financial data. Read the requirements. Requirement 1a. Compute the acid-test ratio for 2025 and 2024. (Round to two decimals.) (Abbreviations used: Cash = Cash including cash equivalents; ST invest. = short-term investments. Round the acid test ratios to two decimals, X.XX.) 2025 2024 ... + = Acid-test ratio = 11
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The comparative financial statements of Blue Sky Supply for 2025,2024 , and 2023 include the data shown here: View the comparative financial data. Read the requirements. Requirement 1a. Compute the acid-test ratio for 2025 and 2024. (Round tof two decimals.) (Abbreviations used: Cash = Cash including cash equivalents; ST invest. = short-term investments. Round the acid test ratios to two decimals, X.) Comparative Financial Data de the data shown her 3.) (Abbreviations used: st ratios to two decimals Requirements 1. Compute these ratios for 2025 and 2024: a. Acid-test ratio (Round to two decimals.) b. Accounts receivable turnover (Round to two decimals.) c. Days' sales in receivables (Round to the nearest whole day.) 2. Considering each ratio individually, which ratios improved from 2024 to 2025 and which ratios deteriorated? Is the trend favorable or unfavorable for the company

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