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Working Capital and Current Ratio The following data in thousands) were taken from recent financial statements of Starbucks Corporation: Year 2 Year 1 Current assets

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Working Capital and Current Ratio The following data in thousands) were taken from recent financial statements of Starbucks Corporation: Year 2 Year 1 Current assets $12,494,200 $5,283,400 Current habilities 5,684,200 4,220,700 a. Compute the working capital and the current ratio for Year 2 and Year 1. Enter working capital amounts in thousands of dollars. Round current ratio answers to two decimal places Year 2 Year 1 Working capital Current ratio b. What condusions concerning the company's able to meet its financial obligations can draw from part(a) Starbucks' working capital from Year 1 to Yar 2 by s Starbucks current ratio in Year 2. The sanger in working capital and current ratio indicate that short-term creditors cancerned about receiving payment from Starbucks Check My Work (prevous text)

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