Mixon Company's year-end balance sheets show the following:

 Look at the balance sheets of the Mixon company. Express balance sheets in common-dimensional percentages. Round to the nearest tenth of a percent.

	2006	2005	2004
in advance	$30,800	$35,625	$36,800
Receivables, Net	88.500	62.500	49.200
goods inventory	111.500	82.500	53.000
prepaid expenses	9.700	9.375	4.000
Facility Assets, net	277.500	255.000	229.500
Total Assets	518.000	445.000	372.500
Accounts payable	128.900	75.250	49.250
Long-term debt securities secured by mortgage on facility assets	97.500	102.500	82.500
Common stock $10 par value	162.500	162.500	162.500
Retained earnings	129.100	104.750	78.250
Total liabilities and equity	518.000	445.000	372.500

Necessary:

Compare this company's 2006, 2005 and 2004 year-end short-term liquidity position by calculating ( a ) current ratio and ( b ) acid test ratio. Interpret the ratio results.