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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

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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, 517,936 621,451 2015 and September 27, 2014, respectively 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 S 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 : 1 2015 : 1 2. What do the ratios indicate about the liquidity of the company? The current ratio is a reliable indicator of both years, the company had a relatively 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 amount of cash on hand. current liabilities than current assets. This amount will not require payment in the future. For . 3. What were the major causes for any changes in liquidity

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