Shoprite Holdings Ltd is an African food retailer listed on the Johannesburg Stock Exchange. The following accounts are selected from its annual report for the fiscal year ended July 2, 2017. The amounts below are in millions of South African rand.

a. Indicate the appropriate classification of each account as appearing in either its balance sheet (B) or its income statement (I).

b. Using the data, compute Shoprite 's total liabilities at July 2, 2017.

c. Calculate Shoprite's current ratio as of July 2, 2017.

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(rand millions) Amount Classification Sales of merchandise.... Depreciation and amortisation .. Reserves (Retained earnings).. Property, plant and equipment.. Cost of goods and services Trade and other payables.... Total assets Total equity... Employee benefits expense. R 141,000 2,176 18,838 18,407 107,174 17,414 55,723 27,749 10,498 Total noncurrent assets . 24,572 Total noncurrent liabilities.. 1,492