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Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash $31.1 Accounts receivable
Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash $31.1 Accounts receivable 19.3 Inventory 26.8 Other current assets 17.3 Total current assets $94.5 Total current liabilities $210.0 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 es. (15.2). Round current ratio to 2 decimal places, eg. 0.78:1) Working capital $ Current ratio :1 Tott
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