The Green Tea Company reported the following comparative information at December 31, 2016, and December 31, 2015 (amounts in millions and adapted): EB (Click the icon to view the amounts.) Read the requirements Requirement 1a. Caloulate the current ratios for 2016 and 2015 Select the formula to compute to two decimal places.) ent ratio. Then enter the amounts into the formula and caloulate the current ratios at the end of 2016 and 2015. (Enter amounts in millions. Ro Current ratio 2016 2015 Requirement 1b. Calculate the debt ratios for 2016 and 2015 wir te i Requirements 1. Calculate the following ratios for 2016 and 2015: tios Current ratio a. b. Debt ratio ratic nte 2. During 2016, The Green Tea Company issued $1,710 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? 3. The Green Tea Company reports that its lease payments under operating leases will total $920 million in the future and $240 million will occur in the next year (2017). What would the current ratio and debt ratio have been in 2016 if these leases had been capitalized? os for ntin T Print Done ber in omp iData Table d adap 2016 2015 2016 Current assets 21,200 $ 17,100 hen 015. (Er Total assets 70,800 46,400 Current liabilities 17,500 13,900 Total stockholders' equity 30,400 25,100 Net sales 30,700 35,600 Net income 11,625 6,870 016 a nn an Entar an Print Done the in