Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $31,800 $ 35,625 $ 37,800 62,500 82,500 9,375 255,000 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 89,500 112,500 10,700 278,500 50,200 54,000 5,000 230,500 $523,000 $445,000 $ 377,500 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $129,900 $ 75,250 $ 51,250 101,500 163,500 104,750 83,500 163,500 79,250 98,500 163,500 131,100 Total liabilities and equity $523,000 $445,000 $377,500 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 2015 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 Retained earnings % 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 Complete this question by entering your answers in the tabs below. Required 2 Required 1 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio / 2017: to 1 2016 / to 1 = 2015: / to 1 = 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 acid-test ratio for the years ended December 31, 2017, 2016, and 2015 Acid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio / Acid-test ratio to 1 2017: 2016: to 1 2015 to 1 Required 1 Required 2