Exercise 12-8 (Part Level Submission) Blossom Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2015 and 2016 follow. As of December 31 Cumet asser 417, 400 Accounts receable net 8448,800 11,236,470 510361,900 plant, &equipment, net Lisbilities and Stockshalcers Equity 3,155,000 245,000 3,02,800 Retained emings 35887038,300 Blossom Medical on accourt) 5,258,700 ,315.200 Cest of goeds seid G proft Net operabn ,725,400 425.300 dividends 3,142.300 3,660 600 (a-d) 2 Your answer is partially correct. Try again. Calculate the following liquidity ratios for 2016. (If working capital is negative then enter with a negative sign preceding the number or parentheses, e.g. -15,000 or (15,000). Round all answers except working capital to 2 decimal places, e.g. 2.55.)