Compute ratios. (LO2) The condensed financial statements of Murawski Company for the years 2016 and 2017 are presented below MURAWSKI COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents 330 360 470 400 Accounts receivable (net) Inventory 460 390 120 160 Prepaid expenses Total current assets 1,380 1,310 10 10 Investments 420 380 Property, plant, and equipment Intangibles and other assets 530 510 $2,34 0 $2,21 0 Total assets $ 900 $ 790 Current liabilities 410 380 1,030 1,040 Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $2,34 0 $2,21 0 Compute ratios. (LO2) The condensed financial statements of Murawski Company for the years 2016 and 2017 are presented below MURAWSKI COMPANY Balance Sheets December 31 2017 2016 Current assets Cash and cash equivalents 330 360 470 400 Accounts receivable (net) Inventory 460 390 120 160 Prepaid expenses Total current assets 1,380 1,310 10 10 Investments 420 380 Property, plant, and equipment Intangibles and other assets 530 510 $2,34 0 $2,21 0 Total assets $ 900 $ 790 Current liabilities 410 380 1,030 1,040 Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity $2,34 0 $2,21 0