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EX 4-22 Working capital and current ratio OBJ.6 The following data (in thousands) were taken from recent financial statements of Star- bucks Corporation: Year 2

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EX 4-22 Working capital and current ratio OBJ.6 The following data (in thousands) were taken from recent financial statements of Star- bucks Corporation: Year 2 Year 1 Current assets $12,494,200 $5,283,400 Current liabilities 5,684,200 4,220,700 a. Compute the working capital and the current ratio for Year 2 and Year 1. Round to two decimal places. b. What conclusions concerning the company's ability to meet its financial ob- ligations can you draw from part (a)

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