The comparative financial statements of Highland Cosmetic Supply for 2024, 2023, and 2022 include the data shown here: (Click the loon to vew tho comparative financiat data) Read the requirements. Requirement 1a. Compute the acid-test ratio for 2024 and 2023. (Round to two decimals.) (Abbroviations used: Cash = Cash including cash equivalents; ST invest = short-term Requirement 1b. Compute the accounts receivable furnover for 2024 and 2023. (Round to two decimals) (Abbreviations used: AR turn = accoounts receivabie tumover ratio: Cash = Cash including cash equivalents; 5T invest. = short term investments. Round the accounts receivable turnover ratios to fwo decimals, XXX.) Requirement 1c. Compute the days' sales in receivables for 2024 and 2023, (Round to the nearest whole day) (Abbrevations used: Cash = Cash including cash equivalents, 5T invest. = short-ferm investments. Round interim calculabons to two decimals, X.XX, and the days in receivables to the nearest whole day) Requirement 2. Considering each ratio individually, which ratios improved from 2023 to 2024 and which ratios deteriorated? is the trend favorable or unfavorable for the company? The acid-test ratio from 2023 to 2024 . This trand the company. The accounts recelvable turnover from 2023 to 2024. This trend the company. The days' sates in recelvables from 2023 10 2024. This trend the company Data table Requirements 1. Compute these ratios for 2024 and 2023 : a. Acld-test ratio (Round to two decimals.) b. Accounts receivable tumover (Round to tho decimals.) c. Days' sales in receivables (Round to the nearest whole day) 2. Considering each ratio individually, which ratios improved from 2023 to 2024 and which ratios doteriorated? is the trend favorable or unfavorable for the company