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Simon Companys year-end balance sheets follow.

At December 31	2017			2016			2015
Assets
Cash	$	35,286		$	41,246		$	40,887
Accounts receivable, net		101,276			68,676			54,516
Merchandise inventory		124,839			95,381			58,060
Prepaid expenses		11,143			10,407			4,634
Plant assets, net		308,101			284,846			254,903
Total assets	$	580,645		$	500,556		$	413,000
Liabilities and Equity
Accounts payable	$	143,135		$	86,286		$	55,606
Long-term notes payable secured by mortgages on plant assets		111,344			117,430			93,098
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		163,666			134,340			101,796
Total liabilities and equity	$	580,645		$	500,556		$	413,000

1. Compute the current ratio for the year ended 2017, 2016, and 2015. 2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015.

Complete this question by entering your answers in the tabs below. Required 1Required 2 Compute the current ratio for the years ended December 31, 2017, 2016, and 2015. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio 2017: 2016: 2015: to 1 to 1 to 1 Complete this question by entering your answers in the tabs below. Required 1Required 2 Compute the acid-test ratio for the years ended December 31, 2017, 2016, and 2015. Acid-Test Ratio Acid-Test Ratio Acid-test ratio Choose Numerator: Choose Denominator: 2017: 2016: 2015: to 1 to 1 to 1 Required 1 Required2

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