Tree City Sporting Goods reported the following data at July 31, 2016, with amounts adapted in thousands:

1. Compute Tree City's net working capital.
2. Compute Tree City's current ratio. Round to two decimal places.
3. Compute Tree City's debt ratio. Round to two decimal places.
Do these values and ratios look strong, weak, or middle-of-the-road?

A1 Tree City Sporting Goods Company Income Statement Year ended July 31, 2016 2 (Amounts in thousands 3 Net revenues 4 Cost of goods sold 5 All other expenses 6 Net income $184,500 136,200 28,000 20,300 A1 Tree City Sporting Goods Company Statement of Retained Earnings Year ended July 31, 2016 2 (Amounts in thousands $36,900 Retained earnings, July 31, 2015 4 Add: Net income 5 Retained earnings, July 31,2016 300 $57,200 A1 Tree City Sporting Goods Company Balance Sheet July 31, 2016 2 (Amounts in thousands) 3 Assets 4 Current: 5 Cash 6 Accounts receivable $43,100 28,500 37,000 5400 114000 17,400 28600 Inventories 8 Other current assets 9 Total current assets 10 Property and equipment, net 11 Other assets 12 Total assets 13 Liabilities 14 Total current liabilities 15 Long-term liabilities 16 Total liabilities 17 Stockholders' Equity 18 Common stock 19 Retained earnings 20 Total stockholders' equity 21 Total liabilities and stockholders equity $ 60,000 12,000 72,000 30,800 57.200 88,000