Name: Doris Nwakaego lelens. Unit 2: LA Exercise A historical balance sheet for ABC Company as follows: 2014 2015 2014 2015 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 114 $ 160 Accounts payable $ 232 $ 266 Accounts receivable 445 688 Notes payable 196 123 Inventory 553 555 Total $ 428 $ 389 Total $ 1,112 $ 1,403 Long-term debt $ 408 $ 454 Fixed assets Owners' equity Net, plant and equipment $ 1,644 $ 1,709 Common shares 600 640 Retained earnings 1,320 1,629 Total $ 1,920 $ 2,269 Total assets $ 2,756 3,112 Total liabilities and owners' equity $ 2,756 $ 3,112 quired to calculate: a. Current ratio for 2015, and b. Working capital for 1214