15 and 16 plz

Pinecrest Company Use the selected data from Pinecrest Company's financial statements to answer the following question Cash Accounts receivable Merchandise inventory Prepaid expenses Total current assets 2018 $ 22,000 42,000 22,000 23,000 $109,000 2017 $ 14,000 16,000 83,000 18,000 $131,000 Total current liabilities Net credit sales Cost of goods sold Net cash flow from operating activities $ 65,000 221,000 168,000 16,000 $ 72,000 326,000 299,000 29,000 Refer to the data for Pinecrest Company Which of the following statements is true? The current ratio increased from 2017 to 2018. The acid-test ratio decreased from 2017 to 2018. The amount of working capital decreased from 2017 to 2018. Assuming extreme conditions do not exist, the company appears to be in a worse position to pay its current debts at the end of 2018 compared to 2017 Question 16 (2 points) The net assets of a company are equal to current assets less current liabilities, 00 total assets less current assets. long-term assets less accumulated depreciation. the stockholders' equity