Question
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $12,700 $9,600 Accounts receivable 23,500
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands).
2022 2021 Cash $12,700 $9,600
Accounts receivable 23,500 20,200
Inventory 30,900 30,800
Other current assets 12,400 11,909
Total current assets $79,500 $72,509
Total current liabilities $257,500 $298,100
Compute the current ratio for each year.
(Round answers to 2 decimal places, e.g. 2.12.) 2022 2021 Current ratio: enter the current ratio for year 2017 rounded to 2 demical places :1 enter the current ratio for year 2016 rounded to 2 demical places
2022 / 2021
current ration : ______:1 ________:1
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