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Presented below is the SEC-mandated disclosure of contractual obligations provided by Deere & Company in a recent annual report. Deere & Company reported current assets
Presented below is the SEC-mandated disclosure of contractual obligations provided by Deere & Company in a recent annual report. Deere & Company reported current assets of $50, 060 and total current liabilities of $21, 394 at year-end. (All dollars are in millions.) Compute Deere & Company's working capital and current ratio (current assets / current liabilities) with and without the contractual obligations reported in the schedule. (Round ratio values to 2 decimal places, e.g. 52.75:1.)
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