Genatron Manufacturing Corporation Balance Sheet 2017 2016 ASSES Cash $41,752 $51,878 Accts, receivable 260,499 200,543 Inventory 500,484 450,460 Total current assets 802,735 702,881 Fixed assets, net 400,000 300,000 Total assets $1,202,735 $1,002,881 LIABILITIES AND EQUITY Accts. payable $172,648 $ 131,068 Bank loan 91,013 91.013 Accruals 70.000 50.000 Total current liabilities 335 661 27 2.081 Long-term debt, 120 398, 220 290.801 Common stock, $10 par 300.000 300.000 Capital surplus 44.555 44.555 Retained earnings 126,299 95 444 Total liabilities & equity $1.202.185 51 002.882 Genatron Manufacturing Corporation TESSE Income Statement 2017 2016 Net sales $1,680,685 $1,480,685 Cost of goods sold 1.008,411 888,411 Gross profit 672,274 592,274 Expenses: General and administrative 150,000 150,000 Marketing 150.000 130,000 Depreciation 50.191 40,423 Interest 55,024 44,585 Esmings before taxes 257,059 227,266 Income taxes 75,149 60,097 Net income $191,910 $167.169 Your answer is partially correct. Try again. Calcuiste Genetrons dollar amount of net working capital in each year. 2017 2016 Networking capital 259.00 430,100 SHOW SOLUTION LRT TEXT LEHE TOTER b Celculate the current retie and the eld-test ratie in een van mwen 2017 2016 Ourrent rate Ad-test ratio e here to search