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*		$ 2,066		$ 253,912
Accounts and notes receivable		1,208		69,690
Inventories		115		9,095
Prepaid expenses and other current assets		818		72,842
Advertising funds restricted assets				64,440
Total current assets		$ 4,207		$ 469,979
Total current liabilities		$ 2,765		$ 352,965
Total noncurrent liabilities		$18,154		$2,078,224
Total shareholders equity**		$12,225		$1,706,388

*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'sWendy'sa. Working capital$fill in the blank 1$fill in the blank 2b. Current ratiofill in the blank 3fill in the blank 4c. Quick ratiofill in the blank 5fill in the blank 6