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Use the following financial data to calculate the liquidity of this company. What can you tell me about this company after using the current ratio?

Use the following financial data to calculate the liquidity of this company. What can you tell me about this company after using the current ratio? What kind of overall shape do you think this company is in and why? Current Ratio = Current assets/current liabilities Selected Balance Sheet Data (in Millions) {:[" Cash and cash equivalents ",(2006)/($394.9),(2004)/($330.3),(2002)/($152.5)],[" Merchandise Inventories ",343.8,516.6,452.1],[" Current Assets ",1562.4,1217.7,958.9],[" Total Assets ",3134.6,3863.4,6243.8],[" Current Liabilities ",1405.4,1449.4,1477.6],[" Long-term debt, less current portion ",851.0,1044.9,328.9],[" Stockholder's equity ",723.3,1062.9,4100.9]:}

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