Working-Capital Management and the Risk-Return Tradeoff 18-1. (Analyzing the risk-return tradeoff) CL Marshall Liquors owns and operates a chain of beer and wine shops throughout the Dallas-Fort Worth metroplex. As a result of the rapidly expanding population of the area, the firm requires a growing amount of funds. Historically, it has reinvested earnings and borrowed using short-term bank notes. Bal- ance sheets, in thousands, for the last five years are as follows: 2012 2013 2014 2015 2016 S100 $130 S160 S190$220 250 270 290 310330 Current assets Fixed assets Total Assets Current liabilities Long-term liabilities Owners' equity $350 $400 S450 S500 $550 S50 $90 S130 $170 $210 100 100 100100 100 200 210 220 230240 Total liabilities and owners, equity $350 sao s450 s500 ssso a. Compute the firm's current ratio (current assets divided by current liabilities) and debt ratio (current plus long-term liabilities divided hy total assets) for the five the debt ratio. and long term year period found above. Describe the firm's risk using both the current ratio and b. Alter the financial statements above so thar current liabilities remain constant at $50 n liabilities increase in the amount needed to meet the firm's financing reouirements Compute the tirmi 's current ratio current assets divided by current li