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Simon Company's year-end balance sheets follow 2017 At December 31 Assels Cash Accounts receivable, et Mcrchandisc inventory Prepaid expenses Plant assets, net Total assets Liabilities
Simon Company's year-end balance sheets follow 2017 At December 31 Assels Cash Accounts receivable, et Mcrchandisc inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long er notes payable secured by 2016 2015 1.25 34, 267 16, 593 49, 637 3, 691 208, 509 S 181, 808 115, 352 S 312, 700 S 28, 142 80, 711 101, 517 33, 560 58, 149 76, 840 8, 897 237, 906 S points 9, 337 262, 071 Skipped S 119, 970 70, 194 S 45, 236 eBook 75, 737 162, 500 9, 227 S 181, 808 415, 352 S 342, 700 89, 674 162, 500 109, 664 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 96, 486 162, 500 86, 172 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 Print Complete this question by entering your answers in the tabs below References Required 1Required 2 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015 Current Ratio Choose Numerator: IChoose Denominator: Current Ratio Current ratio to 1 to 1 to 1 2017 2016: 2015: Required 2>
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