Here is a summary and step-by-step guide to answer the question based on the images you provided: --- ### **Summary of the Question (Image 2):** You are asked to: - Compute the working capital, current ratio, and acid-test ratio for September 26, 2020, and September 28, 2019. - Fill the answers in the table provided. #### **Formulas:** - **Working Capital** = Current Assets − Current Liabilities - **Current Ratio** = Current Assets / Current Liabilities - **Acid-Test Ratio** = (Cash + Short-Term Investments + Receivables) / Current Liabilities --- ### **Step 1: Extract Required Data (From Image 1)** #### **Current Assets:** - **2020:** $5,187 - **2019:** $4,912 #### **Current Liabilities:** - **2020:** $3,726 - **2019:** $3,507 #### **Cash and Cash Equivalents:** - **2020:** $1,193 - **2019:** $1,553 #### **Short-term Investments:** - **2020:** $52 - **2019:** $51 #### **Receivables (Net):** - **2020:** $1,466 - **2019:** $1,280 --- ### **Step 2: Calculate the Ratios** #### **A. Working Capital** - **2020:** $5,187 − $3,726 = **$1,461** - **2019:** $4,912 − $3,507 = **$1,405** #### **B. Current Ratio** - **2020:** $5,187 / $3,726 = **1.39** - **2019:** $4,912 / $3,507 = **1.40** #### **C. Acid-Test Ratio** - **2020:** ($1,193 + $52 + $1,466) / $3,726 = $2,711 / $3,726 = **0.73** - **2019:** ($1,553 + $51 + $1,280) / $3,507 = $2,884 / $3,507 = **0.82** --- ### **Step 3: Complete the Table** | | 2020 | 2019 | |-----------------------|--------|--------| | **Working capital** | $1,461 | $1,405 | | **Current ratio** | 1.39 | 1.40 | | **Acid-test ratio** | 0.73 | 0.82 | --- **Make sure to round your answers to two decimal places if required.** If you need further explanation or breakdowns, let me know!