1) compute the current ratio for the ended 2017,2016, and 2015

2) compute the acid-test ratio for the year ended 2017,2016, and 2015

Simon Company's year-end balance sheets follow. 2015 Cash Accounts receivable, net Merchandise inventory $ 33,754 38,284 39,089 3,183 56,068 4,388 301.955283.462 250 172 $566,445 $ 488,315 402,900 96,862 123,004 10,870 67,680 88,532 10,357 Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by 138,224 82,525 52,119 mortgages on plant assets Coamon stock, $10 par value 105,427 114,559 89,931 162,500 162,500 162,500 160,294 128,731 98,350 566,445 $488,315 402,900 Total liabilities and equity 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. 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 Complete this question by entering your answers in the tabs below. Required Required 2 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015 O to 1 o to 1 2015: Required 2 L Compute the curnent ratio for the year ended 2017, 2016, and 2015 2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015 Complete this question by entering your answers in the tabs below. Required ii Required 2 Compute the acid-test ratio for the years ended December 31, 2017, 2016, and 2015