Financial statements for the Genatron Manufacturing Corporation for the years 2017 and 2016 are shown.

Genatron Manufacturing Corporation Balance Sheet
		2017		2016
ASSETS
Cash		$41,101		$51,932
Accts. receivable		260,780		201,651
Inventory		502,944		451,252
Total current assets		804,825		704,835
Fixed assets, net		400,000		300,000
Total assets		$1,204,825		$1,004,835
LIABILITIES AND EQUITY
Accts. payable		$171,751		$132,884
Bank loan		90,085		90,085
Accruals		70,000		50,000
Total current liabilities		331,836		272,969
Long-term debt, 12%		396,708		303,117
Common stock, $10 par		300,000		300,000
Capital surplus		41,117		41,117
Retained earnings		135,164		87,632
Total liabilities & equity		$1,204,825		$1,004,835

Genatron Manufacturing Corporation Income Statement
		2017		2016
Net sales		$1,555,325		$1,355,325
Cost of goods sold		933,195		813,195
Gross profit		622,130		542,130
Expenses:
General and administrative		150,000		150,000
Marketing		150,000		130,000
Depreciation		52,194		41,078
Interest		54,142		44,988
Earnings before taxes		215,794		176,064
Income taxes		73,880		61,345
Net income		$141,914		$114,719

(a)

	Your answer is correct.

Calculate Genatrons dollar amount of net working capital in each year.

		2017		2016
Net working capital		$472989		$431866

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(b)

Calculate the current ratio and the acid-test ratio in each year. (Round answers to 2 decimal places, e.g. 52.75.)

		2017		2016
Current ratio
Acid-test ratio