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The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.: December 31 Year 2 Year 1 $ 123,587 Current assets

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The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.: December 31 Year 2 Year 1 $ 123,587 Current assets Current liabilities $ 168,518 50,304 37,225 . Compute the working capital and the current tatlo as of December 31, Year 2 nd Year 1. Enter working capitat amounts in thousands of dollars. Round current ratio answers to two decimal places December 31 Year 2 Year 1 Working Capital Current ratio b. What conclusions concerning the company's ability to meet its financial oblations can you draw from part() Under Armour's working capital DV During the current Yar 2 Year 2 current ratio indicates liquidity position, the short creditors concerned about receiving payment from Under Armour

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