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1 Requirement 1. To answer this question, calculate the following ratios for 2018 and 2017 Round your answers to two decimal places. a. Net working
1 Requirement 1. To answer this question, calculate the following ratios for 2018 and 2017 Round your answers to two decimal places. a. Net working capital b. Current ratio c. Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Summarize the results of your analysis. Print Done Data Table 2018 2017 Cash Short-term investments Net receivables Inventory Prepaid expenses Total assets Total current liabilities Long-term debt Income from operations Interest expense $ 45,000 $ 51,000 33,000 24,000 116,000 135,000 241,000 269,000 15,000 11,000 530,000 520,000 197,000 322,000 107,000 114.000 194,000 170,000 45,000 44.000 Print Done Carrison Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. EE (Click the icon to view the financial statement data.) Read the requirement. Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. a. Net working capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017. -Net working capital 2018 2017
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