Analysis and Interpretation of Liquidity and Solvency Balance sheets and income statements for Target Corporation follow. (a) Compute Costco's current ratio and quick ratio for 2006 and 2005 . (Round answers two decimal places.) 2006 current ratio = 2005 current ratio = 2006 quick ratio = 2005 quick ratio = omment on any observed trends. Which of the following statements best describes any trend in Target's liabilities-to-equity ratios? OThe decrease in Target's liabilities-to-equity ratio remained constant. OTarget's liabilities-to-equity ratio decreased slightly in 2006, we have no concerns about Target's's ability to meet its debt obligations. Target's liabilities-to-equity ratio increased during the year primarily due to a decrease in its equity. OTarget's liabilities-to-equity ratio decreased due to a decrease in its equity. Analysis and Interpretation of Liquidity and Solvency Balance sheets and income statements for Target Corporation follow. (a) Compute Costco's current ratio and quick ratio for 2006 and 2005 . (Round answers two decimal places.) 2006 current ratio = 2005 current ratio = 2006 quick ratio = 2005 quick ratio = omment on any observed trends. Which of the following statements best describes any trend in Target's liabilities-to-equity ratios? OThe decrease in Target's liabilities-to-equity ratio remained constant. OTarget's liabilities-to-equity ratio decreased slightly in 2006, we have no concerns about Target's's ability to meet its debt obligations. Target's liabilities-to-equity ratio increased during the year primarily due to a decrease in its equity. OTarget's liabilities-to-equity ratio decreased due to a decrease in its equity