Simon Company’s year-end balance sheets follow.

At December 31	2017			2016			2015
Assets
Cash	$	26,403		$	29,364		$	29,991
Accounts receivable, net		73,552			52,436			40,392
Merchandise inventory		96,214			70,676			43,017
Prepaid expenses		8,255			7,944			3,467
Plant assets, net		230,047			214,124			189,133
Total assets	$	434,471		$	374,544		$	306,000
Liabilities and Equity
Accounts payable	$	107,101		$	64,564		$	40,392
Long-term notes payable secured by mortgages on plant assets		82,497			84,422			66,273
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		82,373			63,058			36,835
Total liabilities and equity	$	434,471		$	374,544		$	306,000

1. Compute the current ratio for the year ended 2017, 2016, and 2015.
2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015.

Current Ratio
	Choose Numerator:	/	Choose Denominator:	=	Current Ratio
	Current assets	/	Current liabilities	=	Current ratio
2017:		/		=	0	to 1
2016:		/		=	0	to 1
2015:		/		=	0	to 1

Acid-Test Ratio
	Choose Numerator:					/	Choose Denominator:	=	Acid-Test Ratio
		+		+		/		=	Acid-test ratio
2017:		+		+		/		=	0	to 1
2016:		+		+		/		=	0	to 1
2015:		+		+		/		=	0	to 1