the balance sheets for company b and additional information are provided below. company b balance sheets december 31, year 2 and year 1 year 2 year 1 assets current assets: cash $ 216,400 $ 128,000 accounts receivable 94,000 100,000 inventory 103,000 88,000 investments 4,800 2,800 long-term assets: land 560,000 560,000 equipment 870,000 750,000 less: accumulated depreciation (508,000 ) (348,000 ) total assets $ 1,340,200 $ 1,280,800 liabilities and stockholders' equity current liabilities: accounts payable $ 107,000 $ 93,000 interest payable 7,000 12,800 income tax payable 9,000 5,800 long-term liabilities: notes payable 120,000 240,000 stockholders' equity: common stock 780,000 780,000 retained earnings 317,200 149,200 total liabilities and stockholders' equity $ 1,340,200 $ 1,280,800 additional information for year 2: net income is $168,000. sales on account are $1,813,900. cost of goods sold is $1,346,550. required: 1. calculate the following risk ratios for year 2: (round your answers to 1 decimal place.) 2. when we compare two companies, can one have a higher current ratio while the other has a higher acid-test ratio? multiple choice yes no