1. Keurig Green Mountain's Current Liabilities

   Following is the current assets and current liabilities portion of the balance sheet of Keurig Green Mountain for the years ended September 26, 2015, and September 27, 2014:

   (Dollars in thousands)	September 26, 2015		September 27, 2014
   Current assets:
   Cash and cash equivalents	$59,334		$761,214
   Restricted cash and cash equivalents	30,460		378
   Short-term investment			100,000
   Receivables, less uncollectible accounts and return allowances of $35,459 and $66,120 at September 26, 2015 and September 27, 2014, respectively	517,936		621,451
   Inventories	691,980		835,167
   Income taxes receivable	51,786
   Other current assets	95,526		69,272
   Deferred income taxes, net	70,181		58,038
   Total current assets	$1,517,203		$2,445,520
   Current liabilities:
   Current portion of long-term debt	$ 279		$ 19,077
   Current portion of capital lease and financing obligations	3,271		2,226
   Accounts payable	298,609		411,107
   Accrued expenses	226,519		305,677
   Income tax payable	1,085		53,586
   Dividend payable	44,048		40,580
   Deferred income taxes, net	264		340
   Other current liabilities	28,049		10,395
   Total current liabilities	$ 602,124		$ 842,988

   Source: Keurig Green Mountain, Inc Form 10-K for year ended September 26, 2015.

   Required:

   1. Determine the company's current ratio for each fiscal year. Round your answers to two decimal places.

   	Current Ratio
   2014	fill in the blank 1 : 1
   2015	fill in the blank 2 : 1

   2. What do the ratios indicate about the liquidity of the company?

   The current ratio is a reliable indicator of . It helps to shows the ability of a company to pay its current obligations. The current ratio for both years is above 2.0. This means the company has current liabilities than current assets. This amount will not require payment in the future. For both years, the company had a relatively amount of cash on hand.

   3. What were the major causes for any changes in liquidity?