Question5 The following selected information (in thousands) was taken from Fruition Collections Ltd.s December 31 statement of financial position: 2018 2017 Current assets $1018 $1.435 Accounts receivable 1997 1563 1,237 1058 Other current assets 317 179 Total current assets $4,569 $4235 Cash Inventories Total current liabilities $2811 $2,996 Calculate the current ratio for each of the two years. (Round ratios to 1 decimal place, e.g. 5.2.) 2018 2017 Current ratio Based only on the above information, would you say that the company's liquidity is strong or weak? eTextbook and Media Suppose that Fruition Collections used $ 1,000,000 of its cash to pay off $ 1,000,000 of its accounts payable. Would this transaction change the current ratio? eTextbook and Media