Short-Term Liquidity Ratios The financlal statements for Puck Enterprises, a retallec, follow. Puck Enterprises Consolidated Income Statements (millions of dollars except per share data) Consolidated Balance Sheets (millions of doliars) ASSETS Current assets: Cash and cash equivalents Accounts recelvable Merchandise inventories Other Total current assets Property and equipment: Land Bulldings and improvements Fixtures and equipment \begin{tabular}{rr} $521 & $117 \\ 1,536 & 1,514 \\ 2,497 & 2,618 \\ 267 & 165 \\ \hline$4,821 & $4,414 \\ \hline \end{tabular} Construction-in-progress $2,4804,7531,982248$9984,3422,197223 Accumulated depreciation Net property and equipment $7,127(2,336)$5,563(2,197) Other Total assets $12,268320$10,564587 Check My Work LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Notes payable Accounts payable Accrued liablilities Income taxes payable Current portion of long-term debt Total current llabilities Long-term debt Deferred income taxes and other Loan to ESOP Totai liabilizies Stockholders' equity: Preferred stock Common stock \begin{tabular}{rr} $200 & $23 \\ 1,654 & 1,347 \\ 903 & 849 \\ 145 & 160 \\ 1773 & 371 \\ \hline$3,075 & $2,750 \\ \hline 4,279 & 4,771 \\ 536 & 450 \\ \hline(217) & (267) \\ \hline$7,673 & $7,704 \\ \hline \end{tabular} Additional paid-in copital-common Retained earnings Total stockholders' equily Total liabilities and stockholders' equity respectively. Round your answers to two decimal places. 2. Conceptual Coninection: Indicate which ratio appears to be most appropriate for a retall organitration