Liquidity Analyses for McDonald's and Wendy's The following information was summarized from the balance sheets included in Form 10-K of McDonald's Corporation at December 31, 2015, and The Wendy's Company and Subsidiaries at January 3, 2016. McDonald's Wendy's (in millions) (in thousands) Current Assets: Cash and cash equivalents* $ 7,685.5 1,298.7 Accounts and notes receivable $ 327,216 104,854 4,312 Inventories 100.1 Prepaid expenses and other current assets 558.7 112,788 67,399 Advertising funds restricted assets Total current assets $ 616,569 $ 268,774 Total current liabilities $ 9,643.0 $ 2,950.4 $27,900.4 $7,087.9 $3,087,032 Total noncurrent liabilities Total shareholders' equity** $752,914 *Described as "Cash and equivalents" by McDonald's. **Described as "Stockholders' equity" by Wendy's. Required: 1. Using the information provided, compute the following for each company at year-end: a. Working capital. Enter amounts for McDonalds in millions, Wendy's in thousands. Round your answers to one decimal place. b. Current ratio. Round your answers to two decimal places. C. Quick ratio. Round your answers to two decimal places. McDonald's Wendy's a. Working capital b. Current ratio C. Quick ratio 2. Which appears to be more liquid? McDonald's