Grupo Bimbo (GrupoBimbo.com) is a leader in the baking and foods industry. Key financial information (millions of pesos) for Grupo Bimbo for its recent fiscal years follows:

Required 1. Compute the current ratio for Grupo Bimbo for both the current and prior years.
2. Comment on the level and the change in the current ratios computed in part 1.

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Key Figures* Current assets Current liabilities Current Year Prior Year $7,155 $4,867 5,409 4,026 *Key figures prepared in accordance with accounting principles generally accepted in Mexico.