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Wildhorse Boutique reported the following financial data for 2022 and 2021. 2021 Wildhorse Boutique Balance Sheet (partial) September 30 (in thousands) 2022 Current assets Cash
Wildhorse Boutique reported the following financial data for 2022 and 2021. 2021 Wildhorse Boutique Balance Sheet (partial) September 30 (in thousands) 2022 Current assets Cash and short-term deposits $2,605 Accounts receivable 2,185 Inventories 1,235 Other current assets 355 Total current assets $6,380 Current liabilities $4,535 $1,055 1,615 1,045 225 $3,940 $2,655 (a) Calculate the current ratio for Wildhorse Boutique for 2022 and 2021. (Round answers to 2 decimal places, e.g. 1.25:1) 2022 2021 Current ratio :1 :1
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