The Cola Company reported the following comparative information at December 31, 2017 , and December 31, 2016 ( amounts in millions and adapted): Current Assets Total Assets Current Liabilities Total Shareholder Equity Net Sales Net Income 2017 $21.579 72.921 18.508 31,317 35,119 11.809 2016 $17.552 48,671 13,721 25.346 30.990 6.824 Requirements 1. Calculate the following ratios for 2017 and 2016 : a. Current ratio b. Debt ratio 2. At the end of 2017, The Cola Company issued $ 1,590 million of long -term debt that was used to retire short- term debt. What would the current ratio and debt ratio have been if this transaction had not been made

Question 5 The Cola Company reported the following comparative information at December 31, 2017, and December 31, 2016 amounts in millions and adapted): Current Assets Total Assets Current Liabilities Total Shareholder Equity Net Sales Net Income 2017 $21,579 72.921 18,508 31.317 35,119 11,809 2016 $17,552 48.671 13.721 25,346 30.990 6,824 Requirements 1. Calculate the following ratios for 2017 and 2016: a. Current ratio b. Debt ratio 2. At the end of 2017. The Cola Company issued $1,590 million of long-term debt that was used to retire short-term debt. What would the current ratio and debt ratio have been if this transaction had not been made