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. Round your answers to one decimal place. 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 Liquidity Analyses for McDonalds and Wendy 5 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. Wendy's (in thousands) $ 327,216 104,854 4,312 McDonald's (in millions) Current Assets: Cash and cash equivalents* $ 7,685.5 Accounts and notes receivable 1,298.7 Inventories 100.1 Prepaid expenses and other current assets 558.7 Advertising funds restricted assets Total current assets $ 9,643.0 Total current liabilities $ 2,950.4 Total noncurrent liabilities $27,900.4 Total shareholders' equity** $7,087.9 *Described as "Cash and equivalents" by McDonald's. 112,788 67,399 $ 616,569 $ 268,774 $3,087,032 $752,914 **Described as "Stockholders' equity" by Wendy's