1. Net Working Capital What is working capital and what would board members learn from \"net working capital\"? What is Chaves Entertainment net working capital for this year and last year? Tell me your thoughts on Chaves net working capital. Did it improve over last year? Is working capital is sufficient? Suggestions to improve? etc. 2. Current Ratio What would board members learn from \"current ratio\"? What does it mean? What is Chaves Entertainment's current ratio for this year and last year? Tell me your thoughts on Chaves current ratio, such as whether it is sufficient compared to a typical standard current ratio, whether there was an improvement from last year to this year, suggestions, etc. 3. Accounts Receivable What would board members learn from \"accounts receivable turnover\" and \"days' sales outstanding\"? What do they measure? What is Chaves accounts receivable turnover for this year, assuming all net revenue is from credit sales. What is Chaves days' sales outstanding. Tell me your thoughts on Chaves accounts receivable health based on these two ratios for this year, such as whether it seems reasonable based on their business model, suggestions to improve, etc. 4. Times-Interest-Earned Ratio What would board members learn from \"times-interest-earned\" ratio? What does it mean? Calculate the and report the timesinterestearned ratio for 2014. Tell me your thoughts on Chaves times-interest-earned ratio, such as whether it is sufficient, suggestions to improve, etc. Additional: I want to present these ratios in order of weakest/worst to strongest/best. In your opinion, what order should these ratios be presented to the board? Chaves Entertainment Corp Consolidated Balance Sheets (condensed and adapted) In millions As of December 31, This Year Last Year Assets Current Assets Cash and cash equivalents $ 2,806 $ 2,771 Restricted cash 76 88 Receivables, net 518 620 Prepayments and other current assets 230 246 nventories 43 45 Total current assets 3,673 3,770 Property and equipment, net 13,456 13,238 Goodwill and other intangible assets 5,516 6,551 Other long-term assets 890 1,130 Total assets $ 23,535 $ 24,689 Liabilities and stockholders' equity Current liabilities Accounts payable $ 349 $ 443 Accrued expenses 1,199 1,212 Interest payable 736 390 Other current liabilities 15,996 486 Total current liabilities 18,280 2,531 Long-term debt 7,434 20,918 Other long-term liabilities 2,563 3,144 Total liabilities 28,277 26,593 Stockholders' equity (deficit) Common stoc Treasury stock (19) (16) Additional paid-in capital 8,140 7,231 Retained earnings (accumulated deficit) (13,104) (10,321) Other stockholders' equity items 240 1,201 Total stockholders' equity (deficit) (4,742) (1,904) Total liabilities and stockholders equity 5 23,535 5 24,689 Chaves Entertainment Corp Consolidated Statements of Operations (condensed and adapted) In millions, except per share data Years Ended December 31, This Year Last Year Year B4 Last Net revenues 3,516 $ 8,220 $ 8,186 Operating expenses 8,968 10,246 ,052 Income (loss) from operations (452) 2,026 134 Interest expense (2,670) (2,252) (2,100) Other gains (losses) (95 ) 28 162 Loss from continuing operations before taxes (3,217) (4,250) (1,804) Income tax benefit 543 1,517 701 Loss from continuing operations, net of taxes (2,674) 2,733) (1,103) Other items (109) (215) (405) Net loss 5 (2,783) 5 2,948) 5 1,508)