Question

	2018	2017
Cash	$60,000	$55,000
Short-term Investments	28,000	0
Net Accounts Receivables	116,000	116,000
Merchandise Inventory	257,000	267,000
Total Assets	510,000	580,000
Total Current Liabilities	275,000	222,000
Long-term Note Payable	48,000	60,000
Income from Operations	170,000	183,000
Interest Expense	44,000	45,000

Compute the current ratios for

2018 and 2017.

​ (Round your answers to two decimal​ places, X.XX.)

2018:

2017:

Compute the cash ratios for

2018 and 2017.

(Round your answers to two decimal​ places, X.XX.)

2018:

2017:

Compute the​ acid-test ratios for

​ (Round your answers to two decimal​ places, X.XX.)

2018:

2017:

Compute the debt ratio for

2018 and 2017

​ (Round your answer to one tenth of a​ percent, X.X%.)

2018:

2017:

Compute the debt to equity ratios for

​ (Round your answers to two decimal​ places, X.XX.)

2018:

2017:

Answer 1