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This questions related to costco's 10k summary. Thank you for your help! Chapter 8 1. Calculate the current ratio for the past two years. Did

This questions related to costco's 10k summary. Thank you for your help!

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Chapter 8 1. Calculate the current ratio for the past two years. Did the current ratio improve or weaken in the more recent year? 2. Calculate the acid-test (quick) ratio for the past two years. Did the acid-test ratio improve or weaken in the more recent year? 3. If Buckle purchased $50 million of inventory by debiting Inventory and crediting Accounts Payable, how would its current ratio and acid- test ratio change? Show your calculations

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