Remaining Time: 1 hour, 51 minutes, 18 seconds Question Completion Status: A Moving to another question will save this response. Question 6 of 9 Question 6 1 points The following selected data come from Celebration Company's balance sheets over three recent years. Based on the data, what is Celebration's current ratio for each of the three years, and do the ratios show deterioration or improvement in Celebration's liquidity? Total current assets Total fixed assets Total assets Total current liabilities Total long-term liabilities Total owners' equity Total abilities and owners' equity Year3 S 768,000 955.000 51.623,000 $ 300,000 465,000 858.000 51,623,000 Year 2 $ 695,000 145.000 $1,500,000 $ 275,000 435.000 830.000 51,540,000 Year 1 $622,000 825,000 51.447,000 $ 253,000 400,000 794,000 $1,447,000 4.2.56:2:53:246; strong and improving lightly 6.0.470.45:0.43; weak and deteriorating slightly 00.212: 2.17: 2.22; strong bot deteriorating slightly Od: 0.39.0.40:041; weak bat improving tightly