Crombie REIT is a competitor of CT REIT and Choice Properties REIT. Crombie owns retail properties in which many Sobeys stores are located and reported the following selected information (in thousands):

________________________2015__________2014

Current assets................$167.816...........$ 63.150

Non-current assets..........3,304.377.........3,350.264

Current liabilities..............158.120............193.384

Non-current liabilities......2,166.843.........2,036.716

Instructions

(a) Calculate the working capital, current ratio, and debt to total assets ratio for each year.

(b) Did Crombie REIT's liquidity and solvency improve or worsen during 2015?

(c) Using the data in the chapter, compare Crombie REIT's liquidity and solvency with that of CT REIT, Choice Properties REIT, and the industry for 2015 and 2014 (as shown in the chapter in Illustrations 2.13, 2.14, and 2.15).