These selected condensed data are taken from a recent balance sheet of Bob Evans Farms:

Additional information: Current liabilities at the beginning of the year were \(\$ 38,242,000\), and cash provided by operations for the current year was \(\$ 58,297,200\).
What are

(a) the working capital,

(b) the current ratio, and

(c) the current cash debt coverage ratio?

Transcribed Image Text:

Cash Marketable securities $ 8,241,000 1,947,000 Accounts receivable 12,545,000 Inventories 14,814,000 Other current assets 5,371,000 Total current assets $42,918,000 Total current liabilities $44,844,000