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(Related to Checkpoint 18.1) (Measuring firm liquidity) The following table contains current asset and current liability balances for Deere and Company (DE) E a. Measure

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(Related to Checkpoint 18.1) (Measuring firm liquidity) The following table contains current asset and current liability balances for Deere and Company (DE) E a. Measure the liquidity of Deere & Co. for each year using the company's net working capital and current ratio. b. Is the trend in Deere's liquidity improving over this period? a. The company's net working capital for 2011 is S(Enter your answer in thousands of dollars.) - X Data Table ($ thousands) 2012 2011 2013 Current assets 2,203,700 Cash and cash equivalents 2,204,400 1,745,800 Short-term investments 0 1,681,900 0 Net receivables 3.874,500 3,737,400 3,463.900 Inventory Total current assets 2,980,100 2.319.100 1,914,300 9,059,000 9,942,100 7,124,000 Current liabilities Accounts payable Short-term/current long-term debt Other current liabilities 3.042.400 6,624.700 4,661.900 8,519,700 10,571,200 8,071,800 2,879,600 0 Total current liabilities 12,733,700 15,144,400 16,493,200 Print Done

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