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Current Attempt in Progress Gildan Activewear Inc. is a leading manufacturer and marketer of family apparel, including T-shirts, fleece, sport shirts, socks, and shapewear. Its
Current Attempt in Progress Gildan Activewear Inc. is a leading manufacturer and marketer of family apparel, including T-shirts, fleece, sport shirts, socks, and shapewear. Its brands include American Apparel and Gold Toe. The following data (in thousands of U.S. dollars) were taken from Gildan's financial statements: Calculate the working capital, current ratio, and acid-test ratio for each year. (Round current ratio and acid-test ratio answers to 2 decimal places, e.g. 1.75:1.) Calculate the working capital, current ratio, and acid-test ratio for each year. (Round current ratio and acid-test ratio answers to 2 decimal places, e.g. 1.75:1.) Comment on Gildan's liquidity on December 29,2019 , compared with the two previous years
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