4-50 Classified Balance Sheet, Current Ratio, and Quick Ratio Amazon.com, Inc.'s balance sheet (slightly modified) for December 31, 2011, costai following items ($ in millions): ned $4,417 3,751 5,269 1,416 4,992 351 11,145 4,307 Property and equipment, net Accrued expenses and other -Cash and cash equivalents .Other noncurrent assets Jnventories Other current assets Accounts payable Marketable securities, short-term Accounts receivable, net Goodwill - Long-term liabilities -Stockholders' equity 1,955 2,625 7,757 1. Prepare a December 31, 2011, classified balance sheet for Amazon.com. Include the correct 2. Compute the company's working capital, current ratio, and quick ratio. Compute the quick 3. Comment on the company's current and quick ratios. In 2010, the current ratio was 1.33 and 4. During 2011, Amazon decreased its Marketable Securities by $678. Suppose the company amount for Accounts Receivable. ratio as (current assets-inventory) current liabilities. the quick ratio was 1.02. had not decreased its Marketable Securities but had instead decreased long-term investments (classified as Other Noncurrent Assets) by $678. How would this have affected Amazon's cur rent ratio? How would it have affected the company's liquidity