The following accounting information exists for the Aspen and Willow companies:

The following accounting information exists for the Aspen and Willow companies: Aspen Willow Cash $ 17,000 5 27,000 Wages payable 20,500 22,500 Merchandise inventory 30,0?0 60,000 Building 50,000 120,000 Accounts receivable 3B,?45 39,000 Long-term notes payable ?5,000 140,000 Land 45,000 50,000 Accounts payable 3?,000 45,000 Sales revenue 210,000 300,000 Expenses 135,000 235,000 Required 3-1. Determine the amount of current assets and current liabilities for each company. a-Z. 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 compa ny. c1. Determine which company has the greater financial risk in the short term. c2. Determine which companyI has the greater financial risk in the long term. 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. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C1 Required C2 Determine the amount of current assets and current liabilities for each company. Aspen Willow Current assets Current liabilities 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. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C1 Required C2 Compute the current ratio for each company. (Round your answers to 2 decimal places.) Current Ratio Aspen to 1 Willow to 1 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. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C1 Required C2 Assuming that all assets and liabilities are listed above, compute the debt-to-assets ratios for each company. (Round your answers to 1 decimal place.) Debt to Assets Ratio Aspen % Willow 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. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C1 Required C2 Determine which company has the greater financial risk in the short term. Determine which company has the greater financial risk in the short term. Required e-'l. Determine the amount of current assets and current liabilities for each company. e-Z. 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. c1. Determine which company has the greaternarlcial risk in the short term. c2. Determine which company.I has the greater nancial risk in the long term. Complete this question by entering your amen: In the tab: below. Required A] Required A2 Required C1 Required C2 Determine which company has the greater nancial risk in the long term. Determine which company has the greater nancial risk in the long term. _ f. Required C1