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You are a recent graduate of York College and have been hired as a commercial loan officer at one of the big Wall Street banks.

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You are a recent graduate of York College and have been hired as a commercial loan officer at one of the big Wall Street banks. The Kohl's Corp Department Store is a client and is requesting a \$2 million-dollar long-term loan for expansion. Below is the most recent Consolidated Balance Sheet and you will prepare a due diligence report before making a decision. You will calculate the Current, and Acid-Test Ratios, and will explain to the Bank's risk management team which of the ratio you will select in making a decision. a. Please calculate the 12-months ending Jan 28, 2023, Current Ratio: (Current Assets / Current Liabilities). b. Please calculate the 12-months ending Jan 28, 2023, Acid-Test Ratio (Current AssetsInventories)/Current Liabilities))

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