Simon Company's year-end balance sheets follow 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 2017 2016 2015 $ 30,143 35,946 $ 36,328 50,435 52,644 4,245 234,648 $ 516,062 444,881 378,300 62,906 83,126 9,249 277,993 253,654 87,364 110,953 9,609 $ 131,069 75,185 50,934 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 81,932 162,500 82,934 $ 516,062 444,881 378,300 102,323 162,500 162,500 104,87.3 95,079 127,414 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. 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. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio 2017 2016: 2015: to 1 to 1 to 1 Required Required 2