May 31, 2018 May 31, 2019 Chanda $4466 197 4272 5,622 1,968 $ 4,249 996 3.498 5.261 1,130 Pages and other current Totalautaset Paper plant and equipment net der intangible assets, net 16,525 4744 283 154 2,011 15,134 4454 285 154 2,509 Derleed income taxes and other 23,717 22,536 TOTAL ASSETS Current liabilities Current portion of long-term debt 6 6 9 Notes payable Accounts payable Accrued liabilities Income taxes payable Total current liabilities 2,612 5,010 229 7,866 336 2,279 3,269 150 6,040 W Stv llo Macro 16.525 4454 285 154 2,509 154 2011 22,536 28.717 TOTAL ASSETS portion of long term der 6 9 2612 5.010 Acre 6 336 2,279 3,269 150 6,040 3,468 3,216 how able Total currenties Loptomer Deened income taxes and other 229 7,866 3,464 3,347 0 0 Comments and contingencies Note 18 Redeemable preferred stock Shareholders' equity Capital in excess of stated value Accumulated other comprehensive income (loss) 7,163 231 6,384 (92) 1,643 Retained earings Total shareholders' equity TOTAL LIABILITIES AND 9,040 23,717 3,517 9,812 22,536 . . 2612 SOTO 336 2,279 3.269 150 4,040 3468 3,216 7.866 home taxes and other Cand contingencies 0 0 6,384 Redeemable preferred stock Dharauit Capital of stated value Another comprehensive comes) 7,163 231 (92) 3,517 9,812 1,643 9,040 23,717 Retained earings Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 22,536 Calculate the current ratio for 2019. Round answers to two decimal places. tv CO Mardo 1643 8040 28717 3.517 9.812 22,536 TOTAL LIMES AND DUOLDERS FOUNTY Det for 2018. Round answers to two decimal places. 4.1 pts D Question 16 Nick & Partners Co. purchased inventory on account costing $4,700. However, Nick & Partners Co. had to retur inventory costing $1,000. How does the return of merchandise impact Nick & Partners Co.'s accounts? Accounts payable increases 02 Mar