The following accounting information exists for Aspen and Willow companies.

	Aspen	Willow
Cash	$ 12,000	$ 22,000
Wages payable	18,500	23,000
Merchandise inventory	23,445	58,400
Building	60,000	110,000
Accounts receivable	34,240	37,600
Long-term notes payable	80,000	110,000
Land	45,000	55,000
Accounts payable	40,000	45,500
Sales revenue	220,000	270,000
Expenses	190,000	235,000

Required a-1. Determine the amount of current assets and current liabilities for each company. a-2. Compute the current ratio for each company. b. Assuming that all assets and liabilities are listed above, compute the debt-to-assets ratios for each company. c-1. Determine which company has the greater financial risk in the short term. c-2. Determine which company has the greater financial risk in the long term.