Question: please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image)
please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)
Sleep Country is a Canadian specialty mattress retailer, The following information (all amounts in thousands) can be found on its recent balance sheets: December 31, December 31, December 31, 2019 2018 2017 Cash $44,040 $29.988 $23,620 Trade and other receivables 20,899 13,120 14,002 Inventories 65,361 54,729 38,275 Prepaid expenses and deposits 6,008 5,545 1,833 Property and equipment 71,486 65,710 52,773 Other long-term assets 709,258 433,014 351,945 Trade and other payables 68,156 51,411 52,406 Customer deposits 24,415 22,452 19,587 Other current liabilities 33,309 686 662 Non-current liabilities 485,662 223,813 142,985 Shareholders' equity 305,510 303,744 266,808Calculate Sleep Country's working capital, current ratio, and acid test ratio for each year. (Enter working capital amounts in thousands, Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses es. (45), Round current ratio and acid test ratio answers to 2 decimal places, e.g. 1.75: 1) December 31, 2019 December 31, 2018 Working Capital Current Ratio Acid test Ratio
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