Mail - Stor X W St. Louis ( X In Course: F& x a Amazon.C X BBL JBL Pulse X & Uber vs. L X Look Up C X Ellucian D X In Fall 2020 x CengageN X Course He X Cengage [ X Order 985 x + C # v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false NO Chapter 13 eBook Show Me How Video Calculator 1. EX. 13.01 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. 2. EX. 13.02.ALGO 3. EX. 13.04.ALGO Mcdonald's Wendy's (in millions) (in thousands) 4. EX.13.07.ALGO Current Assets: Cash and cash equivalents* $ 2,030 $ 253,912 5. EX. 13.09 Accounts and notes receivable 1,212 59,690 6. EX. 13.11.ALGO Inventories 112 8,822 Prepaid expenses and other current assets 801 74,383 7. EX. 13.16.ALGO Advertising funds restricted assets 66,544 Total current assets $ 4,155 $ 473,351 Total current liabilities $ 2,751 $ 323,737 Total noncurrent liabilities $18,074 $2,145,399 Total shareholders' equity** $13,048 $1,745,611 *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. 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 company appears to be more liquid? Mcdonald's Feedback Progress: 4/7 items Check My Work Previous Next Assignment Score: 47.98% Email Instructor Save and Exit Submit Assignment for GradingMail - Stor X W St. Louis ( X In Course: F& x a Amazon.c X BBL JBL Pulse X & Uber vs. L X Look Up C X Ellucian D X In Fall 2020 /x CengageN X Course He X Cengage [ X Order 985 x + C # v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false NO Chapter 13 eBook Calculator 1. EX. 13.01 Working Backward: Current Ratio 2. EX. 13.02.ALGO Cass Corp.'s December 31, 2016, balance sheet reported current assets of $120,000 and current liabilities of $100,000. The current ratio increased by 25% one year later, on December 31, 2017. Current liabilities on this date were $140,000. Determine current assets on December 31, 2017. 3. EX. 13.04.ALGO The current assets are $ 4. EX.13.07.ALGO 5. EX. 13.09 6. EX. 13.11.ALGO 7. EX.13.16.ALGO Progress: 1/7 items Check My Work Next Assignment Score: 47.98% Email Instructor Save and Exit Submit Assignment for Grading