E12-22A (similar to) Tolbert Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. E (Click the icon to view the financial statement data.) Read the requirement. Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. Data Table - X a. Net working capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017. Net working capital 2018 Cash 2017 Short-term investments Net receivables Inventory - X * Requirement 2018 2017 $ 22,000 $ 51,000 26,000 13,000 117,000 135,000 242,000 269,000 16,000 7,000 530,000 490,000 229,000 113,000 115,000 313,000 301,000 199,000 41,000 47,000 Prepaid expenses Total assets Total current liabilities Long-term debt Income from operations Interest expense a. 1. To answer this question, calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. Net working capital b Current ratio Quick (acid-test) ratio d. Debt ratio e Times-interest-earned ratio Summarize the results of your analysis. C. Print Done Print Done