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Simon Company’s year-end balance sheets follow.

 At December 31 2017 2016 2015 Assets Cash $35,286$ 41,246 $40,887 Accounts receivable, net 101,276 68,676 54,516 Merchandise inventory 124,839 95,381 58,060 Prepaid expenses 11,143 10,407 4,634 Plant assets, net 308,101 284,846 254,903 Total assets$ 580,645 $500,556$ 413,000 Liabilities and Equity Accounts payable $143,135$ 86,286 $55,606 Long-term notes payable secured by mortgages on plant assets 111,344 117,430 93,098 Common stock,$10 par value 162,500 162,500 162,500 Retained earnings 163,666 134,340 101,796 Total liabilities and equity $580,645$ 500,556 \$ 413,000

1. Compute the current ratio for the year ended 2017, 2016, and 2015.
2. Compute the acid-test ratio for the year ended 2017, 2016, and 2015.