. Classifying Balance Sheet and Income Statement Accounts and Computing Quick Ratio El Puerto de Liverpool (Liverpool) is a large retailer in Mexico. The following accounts are selected from its annual report for the fiscal year ended December 31, 2013. The amounts below are in thousands of Mexican pesos. a. Indicate the appropriate classification of each account as appearing in either its balance sheet (B) or its income statement (1). (Pesos thousands) Amount Classification Total revenue $133,389,7991 Retained earnings 90,626,008 B Inventory 20,559,544 B Administration expenses 34,916,006 Total assets 170,886,427 B Long-term debt 1,658,621 B Financing costs 1,960,0061 Total current assets 63,846,239 B Total stockholders' equity 98,689,198 B Prepaid expenses 1,111,297 B Total non-current liabilities 26,069,582 B >> b. Determine Liverpool's total liabilities and current liabilities as of December 31 2013. Total liabilities: 72,197,229 Total current liabilities: 0 x C. Calculate Liverpool's quick ratio as of December 31, 2013. (Assume that Liverpool only has five types of current assets- cash, marketable securities, accounts receivable, inventory and prepaid expenses.) Round your answers to two decimal places. Quick Ratio: 0 x Check