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The Juice Company reported the following comparative information at December 31, 2016, and December 31, 2015 (amounts in millions and adapted) Data Table Requirements 1.

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The Juice Company reported the following comparative information at December 31, 2016, and December 31, 2015 (amounts in millions and adapted) Data Table Requirements 1. Calculate the following ratios for 2016 and 2015 a. Current ratio b. Debt ratio 2016 2015 Current assets Total assets Current liabilities Total stockholders' equity Net sales Net income $21,300 $17,300 48,500 12,500 26,300 30,100 6,860 71,800 19,200 29,900 35,200 11,620 2. During 2016, The Juice Company issued $1,720 million of long-term debt that was used to retire short-tem debt. What would the current ratio and debt ratio have been if this transaction had not been made? 3. The Juice Company reports that its lease payments under operating leases will total $970 mllion in the future and $210 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

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