5) Liquidity Raties. Ability to meet obligations as they become due for payment Working Capital Current Assets Current Liabilties Current Ratio Current Arts Current abilities Quick Ratio rah Alshort term invest) Current libis Receivable Turnover Net Crew Average Net Receivables Average dans utstanding of collection Recen Inventory Turn Cost of Gods Sold Nagy ELLIOTT COMPANY BALANCE SHEET December in thousands Current Assets Cal Accounts Receivable Inventory Prepaid Expenses Total Current Assets Property. Plant & Equipment, ne Other Assets Lone Terminements Intantes Total Other 2017 S3 5470 S660 5110 $1,990 $410 2016 SM 5400 SH $160 $1.110 SINO 510 $530 $10 5520 Total Assets 52,340 $2,210 Liabilities & Morholders Equity Current Liabilities Accounts Payable SRO $760 Wapes Payable $20 $30 Total Cunees $20 $70 Long Term Liabilities Mortgage Poble 5480 $380 Total Labs $1,170 Stockholders Equity Common Stock 5900 SKO Retained tanning 140 5160 Total Stockholders uity 51,040 S1040 Total Lisbites & Stockholders Equity 52210 Other Information Credits for 2017 $3.00 Cost of Good Sold 2017 5970 5) For the information regarding Client Company, determine the following 2017 2016 Working Capital for each year Current Ratio turnachwear Quick Ratio reach an Receivable Tumor 2017 for 2017 Iederumur 2017