Consolidated Balance Sheets

$($thousands of Canadian dollars$)$

As at March $28,$

$2020$

As at March $30,$

$2019$

ASSETS

Current

Cash and cash equivalents $($note $6)120,47341,290$

Short$-$term investments $($note $6)87,150$

Accounts receivable $7,64010,543$

Inventories $($note $7)241,812252,541$

Prepaid expenses $6,0625,802$

Income taxes receivable $138483$

Derivative assets $($note $8)3,7941,070$

Other assets $($note $12)2,320853$

Total current assets $382,239399,732$

Loan receivable $($note $12)446$

Property, plant, and equipment, net $($notes $5$ and $9)91,215125,906$

Right$-$of$-$use assets, net $($notes $4,5$ and $10)382,146$

Intangible assets, net $($notes $5$ and $11)24,57132,527$

Equity investment, net $($notes $5$ and $12)2,3534,359$

Deferred tax assets $($notes $4$ and $13)47,940$

Total assets $882,970610,464$

LIABILITIES AND EQUITY

Current

Accounts payable and accrued liabilities $($notes $4$ and $22)164,294179,180$

Unredeemed gift card liability $51,67348,729$

Provisions $($notes $14$ and $22)2,03460$

Deferred revenue $10,6827,636$

Short$-$term lease liabilities $($notes $4,10$ and $22)68,402$

Total current liabilities $297,085235,605$

Long$-$term accrued liabilities $($notes $4$ and $22)1,1964,698$

Long$-$term provisions $($note $14)46945$

Long$-$term lease liabilities $($notes $4$ and $10)500,215$

Total liabilities $798,965240,348$

Equity

Share capital note $16)226,986225,531$

Contributed surplus $($note $17)12,82212,716$

Retained earnings $($deficit$)($note $4)(158,801)131,311$

Accumulated other comprehensive income $($note $8)2,998558$

Total equity $84,005370,116$

Total liabilities and equity $882,970610,464$ use Indigo$$s Consolidated Balance Sheets as at March $31,2020.$

Required:

a$.$ Calculate the current ratio, quick ratio, and debt to equity ratios for $2019$ and $2020.($Round the final answer to $2$ decimal places.$)$