Indigo Books & Music Inc. ("Indigo") is Canada's largest book, gift, and specialty toy retailer, operating stores in all ten provinces and one territory in Canada and offering online sales through its indigo.ca website. The following data (in thousands) were taken from Indigo's financial statements:

Instructions
(a) Calculate the working capital, current ratio, and acid - test ratio for each year.
(b) Discuss Indigo's liquidity on March 28, 2015, compared with the two previous years?

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March 28, 2015 March 29, 2014 March 30, 2013 Cash and cash equivalents Accounts receivable Inventories Income tax receivable Prepaid expenses Current assets Current liabilities $203,162 4,896 208,395 25 5,477 421,955 223,239 S157,578 5,582 218,979 $210,562 7,126 216,533 5,184 387,323 197,627 4,153 438,374 214,031