Question: This problem uses the two years of financial statements data provided in Problem 6 for the Genatron Manufacturing Corporation. a. Calculate and compare each current

This problem uses the two years of financial statements data provided in Problem 6 for the Genatron Manufacturing Corporation.

a. Calculate and compare each current assets account as a percentage of total assets for that year.

b. Calculate and compare each current liabilities account as a percentage of total liabilities and equities for that year.

c. Calculate the current ratio and the acid-test ratio for each year. Describe the changes in liquidity, if any, that occurred between the two years.

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