The ratios to be calculated are:
a. Current Ratio = Current Assets/Current Liabilties
Current Asserts = 435
Current Liabilties = 246
Current Ratio for current year = 435/246 = 1.77
b. Acid test Ratio = (Cash + Accounts Receivable)/Current Liabilities
Cash + Accounts Receivable = 105+75 = 180
Current Liabilities = ...
The solution has the ethics problem of Mountain Aerosport loan request.