Question 4 (25 marks) Micro-Vision Computers' comparative financial statements for Last Year and This Year included the following selected data: This Year Last Year (Dollar amounts in thousands) Balance Sheet Current Assets: Cash $ 20 $ 18 70 65 Short-Term Investments 75 70 Receivables, Net Inventory 150 140 25 22 Prepaid Expenses Total Current Assets $ 315 $ 340 $ 220 Total Current Liabilities $ 220 Income Statement $935 $ 760 Sales Revenue Required: A. Calculate the following ratios for Last Year and This Year: 1. Current ratio 2. Acid-test ratio 3. One day's sales Write a short memo describing to Micro-Vision Computers' owner, Susan Bright, which ratio values showed improvement from Last Year to This Year and which ratio values deteriorated, Indicate whether this trend was favourable or unfavourable for Micro-Vision Computers