Question 1 of 13 < > -/1 EE Current Attempt in Progress Suppose the following selected...

Transcribed Image Text:

Question 1 of 13 < > -/1 EE Current Attempt in Progress Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash Accounts receivable $31.5 20.5 Inventory 28.3 Other current assets 29.9 Total current assets $110.2 Total current liabilities $190.0 Compute working capital and the current ratio. (For working capital, enter answer in millions. If answer is negative enter it with a negative sign preceding the number eg.-15.2 or in parentheses eg. (15.2). Round current ratio to 2 decimal places, eg. 0.78:1) Working capital $ Current ratio eTextbook and Media O II :1 101 Question 1 of 13 < > -/1 EE Current Attempt in Progress Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash Accounts receivable $31.5 20.5 Inventory 28.3 Other current assets 29.9 Total current assets $110.2 Total current liabilities $190.0 Compute working capital and the current ratio. (For working capital, enter answer in millions. If answer is negative enter it with a negative sign preceding the number eg.-15.2 or in parentheses eg. (15.2). Round current ratio to 2 decimal places, eg. 0.78:1) Working capital $ Current ratio eTextbook and Media O II :1 101