Working Capital and Current Ratio The following data (in thousands) were taken from recent financial statements of Armour Corps, Inc. December 31 Year 2 Year 1 Current assets Current Rabilities 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" s 100,642 $73,734 33,436 24,743 answers to two decimal places. 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) Armour Corps's working capital Dy auring vear 2.rt during Year 2. The current ratio in Year 2. Because year 2's current ratio indicates a liquidity position, the short-term creditors concerned about receiving payment from Armour Corps