Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets 27,470 81,240 104,187 9,207 252,986 $ Cash 33,748 34,464 43,700 47,011 3,717 212,408 56,192 Accounts receivable, net Merchandise inventory 75,011 8,773 235,836 Prepaid expenses Plant assets, net $ 475,090 $ 409,560 $ 341,300 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $ 115,931 $ 67,831 $ 45,052 94,199 162,500 85,030 73,164 90,210 162,500 106,449 162,500 60,584 $ 475,090 $ 409,560 $ 341,300 Total liabilities and equity 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 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015. Current Ratio /Choose Denominator: Choose Numerator: Current Ratio Current ratio / = to 1 2017: / 2016: to 1 2015: to 1 = Compute the acid-test ratio for the years ended December 31, 2017, 2016, and 2015 Acid-Test Ratio Acid-Test Choose Denominator: Choose Numerator: Ratio Acid-test ratio to 1 2017: / 2016 to 1 = 2015 to 1 +