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Question 27 Sleep Country is a Canadian specialty mattress retailer. The following information (all amounts in thousands) can be found on its recent balance sheets
Question 27 Sleep Country is a Canadian specialty mattress retailer. The following information (all amounts in thousands) can be found on its recent balance sheets December 31, December 31, December 31, 2012 2016 2015 Cash $23,620 $23,820 $16,639 Trade and other receivables 14,002 14,937 8,406 Inventories 38,275 34,538 32,070 Prepaid expenses and deposits 1,833 2,399 2,087 Property and equipment 52,773 33,927 28,987 Other long-term assets 351,945 351,387 351,178 Trade and other payables 52,406 40,522 46,024 Customer deposits 19,587 17,554 15,598 Other current liabilities 662 445 725 Non-current liabilities 142,985 151,187 143,429 Shareholders' equity 266,808 251,300 233,591 Calculate Sleep Country's working capital, current ratio, and acid-test ratio for each period (Enter working capital amounts in thousands. Enter negative amounts using either a negative sign preceding the number w.g. -45 or parentheses e.o. (45). Round current ratio and acid-test ratio answers to 2 decimal places 1.7541) December 31, 2017 December 31, 2016 December 31, 2015 Working Capital Current Ratio Acid-test Ratio 11 Calculate Sleep Country's current assets and current liabilities for each period. (Enter amounts in thousands.) December 31, 2017 December 31, 2016 December 31, 2015 Current assets $ Current liabilities $
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