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Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance...

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Accounting

Brief Exercise 13-10
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands).
2017
2016
Cash
$13,200
$10,800
Accounts receivable
22,200
20,200
Inventory
31,600
30,700
Other current assets
12,200
11,909
Total current assets
$79,200
$73,609
Total current liabilities
$247,500
$311,100
Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 2.12.)
2017
2016
Current ratio:
:1
:1
image
Brief Exercise 13-10 Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2016 2017 13,200 $10,800 22,200 20,200 31,600 30,700 Cash Accounts receivable Inventory Other current assets12.2001.,909 Total current assets Total current liabilities,S011 $79,200 $73,609 -- Compute the current ratio for each year.(Round answers to 2 decimal places, e.g. 2.12.) 2017 2016 Current ratio: Click if you would like to Show Work for this question: Open Show Work

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