Liquidity Analyses for McDonalds and Wendys

The following information was summarized from the balance sheets included in Form 10-K of McDonalds Corporation at December 31, 2015, and The Wendys Company and Subsidiaries at January 3, 2016.

		McDonalds		Wendys
		(in millions)		(in thousands)
Current Assets:
Cash and cash equivalents*		$ 2,112		$ 253,912
Accounts and notes receivable		1,221		69,690
Inventories		113		8,832
Prepaid expenses and other current assets		796		73,343
Advertising funds restricted assets				62,643
Total current assets		$ 4,242		$ 468,420
Total current liabilities		$ 2,629		$ 348,455
Total noncurrent liabilities		$19,551		$2,078,834
Total shareholders equity**		$12,590		$1,728,155

*Described as Cash and equivalents by McDonalds.

**Described as Stockholders equity by Wendys.

Required:

1. Using the information provided, compute the following for each company at year-end:

1. Working capital. Enter amounts for McDonalds in millions, Wendy's in thousands.
2. Current ratio. Round your answers to two decimal places.
3. Quick ratio. Round your answers to two decimal places.

	McDonald's	Wendy's
a. Working capital	$	$
b. Current ratio
c. Quick ratio