Big Rock Brewery Inc. brews and sells premium natural unpasteurized beer. The following information (all amounts in thousands) can be found on its recent balance sheets (or statements of financial position, as Big Rock calls them):

Instructions
(a) Calculate Big Rock's current assets and current liabilities for each year.
(b) Calculate Big Rock's working capital, current ratio, and acid-test ratio for each year.
(c) What does each of the measures calculated in part (b) show? Comment on Big Rock's liquidity.
Taking It Further
At a specific point in time, a company will always have a larger current ratio than its acid-test ratio. Why? Would you expect this difference to be larger in a company like Big Rock Brewery than in a company like WestJet Airlines? Why or why no?

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December 30, 2014 December 30, 2013 December 30, 2012 Property, plant, and equipment Intangible assets Inventories Accounts receivable Current taxes receivable Prepaid expense Cash Accounts payable and accrued liabilities Dividends payable Current taxes payable Current portion of long-term debt Long-term liabilities and shareholders' equity 35,142 108 2,983 1,353 S35,277 128 3,892 2,358 $38,332 165 3,813 1,473 2,241 669 1,484 3,583 1,375 754 2,317 4,100 1,214 1,953 364 4,281 3,978 1,214 426 700 39,982 43,209 35,390