-144 Calculating current, quick, and debt to equity ratios L07 bountant at Indigo. Refer to Appendix III for Indigo's Consolidated Balance Sheet as at March . Your manager has assigned you the following tasks. ulase the current ratio, quick ratio, and debt to equity ratios for 2017 and 2018. Round your answer to Comment on the ratios, the change between 2017 and 2018, and what additional information you would know to get a better picture of Indigo's financial performance, we decimal places Consolidated Balance Sheets Mach 211 2010 As at April 1. 2017 thousands of Canadian dollars) 150,256 G0,000 6,747 264.686 4,124 1,439 130.438 100,000 7,448 231,576 11,706 266 1,037 482,471 65,078 15,272 1,800 43.981 608,602 487,152 82,314 24,215 4,330 35,563 633,574 ASSETS Current Cash and cash equivalents (note 6) Short-term Investments (note 6) Accounts receivable Inventories (note 7) Prepaid expenses Derivative assets (note 8) Assets held for sale (note 11) Total current assets Property, plant, and equipment (note 9) Intangible assets (note 10) Equity Investments (note 22) Deferred tax assets (note 12) Total assets LIABILITIES AND EQUITY Current Accounts payable and accrued liabilities (note 21) Unredeemed gift card liability Provisions (note 13) Deferred revenue Income taxes payable Derivative abilities (note 8) Total current liabilities Long-term accrued liabilities (note 21) Long-term provisions (note 13) Total liabilities Equity Share capital (note 15) Contributed surplus (note 16) Retained earings Accumulated other comprehensive income (note 8) Total equity Total liabilities and equity 176,479 44,218 166 8,807 152 170.611 50,396 110 12,852 360 327 230,149 2,283 45 232,477 234,329 2,378 51 236.758 221,854 11,621 166,807 815 401,097 633,574 215,971 10.671 145.002 195 371.844 608.602 Use Appendix lil for Indigo's Consolidated Balance Sheets as at March 31, 2018 Required: a. Calculate the current ratio, quick ratio, and debt to equity ratlos for 2017 and 2018 (Round the final answer to 2 decimal placet.) 2018 2017 Current ratio Quick ratio Debt to equity ratio