Question: Please answer the questions on the screen. Exercise 4-16. March 28, 2015 $203,162 March 29, 2014 $157,578 Cash and cash equivalents Accounts receivable March 30,

Please answer the questions on the screen. Exercise 4-16. Please answer the questions on the screen. Exercise 4-16. March 28, 2015$203,162 March 29, 2014 $157,578 Cash and cash equivalents Accounts receivable March

March 28, 2015 $203,162 March 29, 2014 $157,578 Cash and cash equivalents Accounts receivable March 30, 2013 $210,562 7,126 4,896 5,582 216,533 208,395 218,979 Inventories Income tax receivable Prepaid expenses Current assets Current liabilities 25 5,477 421,955 5,184 387,323 197,627 4,153 438,374 223,239 214,031 Calculate the working capital, current ratio, and acid-test ratio for each year. (Round current ratio and acid-test ratio answers to 2 decimal places, e.g. 1.75:1. March 28, 2015 March 29, 2014 March 30, 2013 Working Capital $ $ $ Current Ratio : 1 : 1 : 1 Acid-test ratio : 1 : 1 : 1

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