The comparative financial statements of Northend Cosmetic Supply for 2016, 2015, and 2014 include the data shown here Click the icon to view the comparative financial data) Requirements 1. Compute these ratios for 2016 and 2015 a b. Accounts receivable tumover (Round to two decimals.) Acid-test ratio (Round to two decimals.) e. Days' sales in receivables (Round to the nearest whole day) 2. Considering each ratio individually, which ratios improved from 2015 to 2016 and which ratios deteriorated? Is the trend favorable or unfavorable for the company? CLELED Requirement 1a. Compute the acid-test ratio for 2016 and 2015 (Abbreviations used Cash Cash including cash equivalents: ST invest short-term investments. Round the acid test ratios to two decimals. XXX) 2016 2015 (Cash ST invest.) Accounts receivable Acid test ratio