1. Assignment one: For each of the five corporations compute the current ratio, which you compute by dividing the total current assets by the total current liabilities data is located on the balance sheet of each company. Please show your work. Then rank your five companies from one to five according to current position or solvency. (3 points)

2. Assignment two. Compute the acid test or quick ratio, which you compute by dividing the total current assets (minus prepaid insurance & all the inventory accounts) by the total current liabilities. Please show your work. Then rank your five companies according to current position or solvency. (3 points)

* we can think and give a date by ourselves self