Working Capital and Current Ratio The following data (in thousands) were taken from recent financial statements of Under Armour, Indi: December 31 Year 2 Year 1 Current assets $2,593,628 $2,337,679 Current liabilities 1,315,977 1,060,375 a. Compute the working copital 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 Accounting numeric field b. What conclusions concerning the company's ability to meet its financial obligations can you draw from part ()? Under Armour's working capital by during Year 2. The current ratio Because Year 2's current ratio indicates a liquidity position, the short-term creditors about receiving payment from Under Armour in Year 2 concerned