Simon Company's year-end balance sheets follow. 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 $ 36,767 $ 42,118 $ 43,886 108,693 75,962 56,776 133,981 97,397 6 1,077 11,603 11,394 4,683 332,124 310,343 272,478 $ 623,168 $ 537,214 $ 438,900 $ 150,514 $ 92,605 $ 58,514 114,812 122,324 162,500 162,500 195,342 159,785 $ 623,168 $ 537,214 98,937 162,500 118,949 $ 438,900 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015. Choose Numerator: Current assets Current Ratio Choose Denominator: 1 Current liabilities Current Ratio Current ratio 0 to 1 Oto 1 2017: 2016: 2015: 0 to 1 Required 2 > Compute the acid-test ratio for the years ended December 31, 2017, 2016, and 2015. Acid-Test Ratio Choose Numerator: 7 Choose Denominator: 2017: 2016: 2015: = Acid-Test Ratio Acid-test ratio 0 to 1 0 to 1 0 to 1