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Examine the financial data of Jacobs Corporation. (Click the icon to view the financial data.) Calculate Jacobs's current ratio for each year 2019 through
Examine the financial data of Jacobs Corporation. (Click the icon to view the financial data.) Calculate Jacobs's current ratio for each year 2019 through 2021. Is the company's ability to pay its current liabilities improving or deteriorating? Select the formula and then enter the amounts to compute Jacobs's current ratio for each year. (Round the ratio to two decimal places, X.XX.) Current ratio 2019 2020 2021 Is the company's ability to pay its current liabilities improving or deteriorating? The company's ability to pay its current liabilities is = = Data table Year Ended December 31 Operating Results Net income Earnings per common share Net income as a percent of sales Return on average stockholders' equity C 2021 2020 2019 $ 260 $ 350 $ 352 $ 1.08 $ 1.39 $ 1.70 20.0 % 18.0 % 18.1 % 21.0 % 18.0 % 19.0 % Financial Position Current assets $ 957 $ 432 $ 434 Current liabilities $ 550 $ 320 $ 350 Working capital $ 407 $ 112 $ 84 Print Done
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