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Simon company s year-ena palance sneets TOLIOW. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net
Simon company s year-ena palance sneets TOLIOW. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 36,861 43,087 $ 43, 117 104,739 72,445 59,861 129,055 97,684 63,758 11,405 10,867 4,988 330, 448 303, 941 277,276 $ 612,508 $ 528, 024 $ 449,000 $ 149,464 $ 87,451 $ 58,883 114,000 117,802 97,244 162,500 162,500 162,500 186,544 160,271 131,173 $ 612,508 $ 528,024 $ 449,000 1. Compute the current ratio for the year ended 2017, 2016, and 2015. 2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015. newers in the tabs below. 2017 2016 2015 36,861 $ 43,087 $ 43, 117 104, 739 72,445 59,861 129,055 97,684 63,758 11, 405 10, 867 4,988 330, 448 303,941 277, 276 $ 612, 508 $ 528,024 $ 449,000 $ 149,464 $ 87,451 $ 58,083 114,000 117,802 97,244 162,500 162,500 162,500 186,544 160, 271 131, 173 $ 612,508 $ 528,024 $ 449,000 07 OC
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