Wicked Wild Company wants to invest some of its excess cash in trading securities and is considering two investments, The Water Company (WC) and Very Life Vests (VLV). The income statement, balance sheet, and other data for bot companies follow for 2025 and 2024, as well as selected data for 2023: a. Current ratio Begin by selecting the correct formula. Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) Ratio Year wc VLV Current 2025 I Current 2024 [1. Cash ratio Begin by selecting the correct formula. Cash ratio = New, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) Ratio Year WC VLV Cash 2025 Cash 2024 I o. Inventory turnover Begin by selecting the correct formula Inventory turnover = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) Ratio Year wc VLV Inventory tu mover 2025 I Inventory turnover 2024 i . Th' t t: 100 Question 1 of 1 -.-..:.s.::5....:__.p10 Data table The Water Company Very Life Vests Comparative Financial Statements Comparative Financial Statements Years Ended December 31, Years Ended December 31, 2025 2024 2023 2025 2024 2023 Income Statement Net Sales Revenue $ 430,146 $ 425,680 410,290 $ 383,770 Cost of Goods Sold 2531977 256.145 299,730 280,450 Gross Profit 171,169 169,535 110,510 103,320 Operating Expenses 153170 151.362 73.050 70.330 Operating Income 17,399 18,173 32,460 32,940 Interest Expense 870 795 Income before Income Tax 16,529 17,378 29,690 30,020 Income Tax Expense 5'159 11.370 $ 12.688 20,910 $ 21,400 Net Income Balance Sheet Assets Cash and Cash Equivalents $ 68,340 $ 70,650 65,749 $ 54,810 Accounts Receivable 44,730 44,460 39,850 38,600 Merchandise Inventory 79,910 66,380 68,600 65,290 Other Current Assets 16'420 161310 243'\" 33.050 Total Current Assets 209,400 197,800 198,500 196,760 Longterm Assets 90.478 90.760 116,770 116,528