Working Capital and Current Ratio The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.: December 31 Year 2 Year 1 Current assets $111,466 $ 81,574 Current liabilities 40,980 30,325 a. Compute the working capital and the current ratio as of December 31, Year 2 and Year 1. Enter working capital 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 obligations can you draw from part (a)? Under Armour's working capital 2. Because Year 2's current ratio indicates a concerned about receiving payment from Under Armour. by $ during Year 2. The current ratio liquidity position, the short-term creditors in Year