Question
The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.: December31 year 2 year 1 current assets $689,663 $558,850 current
The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.:
| December31
| ||
| year 2 | year 1 | |
| current assets | $689,663 | $558,850 |
| current liabilities | 183,607 | 149,147 |
A. Compute the working capital and the current ratio as of December 31, Year 2 and Year 1. Round to two decimal places.
B. What conclusions concerning the company's ability to meet its financial obligations can you draw from part (a)?
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Investment Grade Energy Audit Making Smart Energy Choices
Authors: Shirley J. Hansen, James W. Brown
1st Edition
0824709284, 978-0824709280
