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Calculate current ratio. BE18.10 (LO 3) Writing Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). Cash
Calculate current ratio. BE18.10 (LO 3) Writing Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). Cash Accounts receivable Inventory Other current assets Total current assets Total current liabilities 2020 $ 13,606 23,045 31,087 12,522 $ 80,260 $245,805 2019 $ 7,669 19,951 31,345 11,909 $ 70,874 $326,203 Compute the current ratio for each year and comment on your results
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