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The following data (in thousands) were taken from recent financial statements of Under Amount, Inc: a. Compute the working capital and the current ratio as

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The following data (in thousands) were taken from recent financial statements of Under Amount, Inc: a. Compute the working capital and the current ratio as of December 31, Year 2 and Year 1. Enter working capital amounts in thousands of dollars Round " current ratio" answers to two decimal places. Working capital $ $ Current ratio b. What conclusions concerning the company ability to meet its financial obligations can you draw from part (a)? Under Armour's working capital by $ during Year 2. The current ratio slightly in year 2. Because year 2's current ratio indicates a solvency position, the short-term creditors concerned about receiving payment from Under Armour

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