Analyze and compare Foot Locker and Dick$$s Sporting Goods

The Foot Locker, Inc. $($FL$)$ and Dick$$s Sporting Goods, Inc. $($DKS$)$ are two retail chains. The current assets and current liabilities from recent balance sheets for both companies are as follows $($in millions$)$:

Line Item Description Foot Locker

Year $2$ Foot Locker

Year $1$ Dick's

Year $2$ Dick's

Year $1$

Current assets $$2,518$ $$2,551$ $$2,122$ $$2,006$

Current liabilities $7646161,5051,425$

a$.$ Compute the working capital for Year $2$ and Year $1$ for each company.

Year Foot Locker Dick's

Year $2$ $fill in the blank $1$

$fill in the blank $2$

Year $1$ $fill in the blank $3$

$fill in the blank $4$

b$.$ Compute the current ratio for Year $2$ and Year $1$ for each company. Round to one decimal place.

Year Foot Locker Dick's

Year $2$ fill in the blank $5$

fill in the blank $6$

Year $1$ fill in the blank $7$

fill in the blank $8$

c$.$ If you were a supplier to these two companies, in which company would you feel most confident about receiving payment?

d$.$ For each company, did liquidity improve or decline between the two years?