The Following Information Is Summarized from the Balance Sheets of Gear

The following information is summarized from the balance sheets of Gear Mart Corporation and Function Junction,Inc.at December 31,2017:
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$\begin{array}{lrr}&\text { Gear Mart }&\text { Function Junction }\\\text { Current assets: }\\\text { Cash and cash equivalents } & \$ 340,800 & \$ 100,200 \\\text { Short-term investments } & 12,000 & 7,600 \\\text { Accounts receivable, net } & 377,000 & 42,000 \\\text { Notes receivable, net } & 36,300 & 18,000 \\\text { Other current assets } & 207,400 & 40,000 \\\quad \text { Total current assets } & \$ 973,500 & \$ 207,800\\\\\text { Current liabilities } & \$ 860,900 & \$ 150,000 \\\text { Other liabilities } & 5,000,400 & 300,500 \\\text { Stockhol ders' equity } & 2,400,300 & 800,700\end{array}$ 1) Using the information provided above, compute the following for each company at December 31, 2018:
A. Working capital
B. Current ratio
C. Acid-test ratio
2) Comment briefly on the liquidity of each of these two companies. Which company appears to be the most liquid?