Question: Chapter 18 Homework Exercises Question 1 of 8 < > Current Attempt MProgress Suppose these selected condensed data are taken from recent balance sheets

Chapter 18 Homework Exercises Question 1 of 8 < > Current Attempt

Chapter 18 Homework Exercises Question 1 of 8 < > Current Attempt MProgress Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $13,032 $8,428 Accounts receivable (net) 23,932 19,511 Inventory 32,890 35,013 Other current assets 12,610 11,898 Total current assets $82,464 $74,850 Total current liabilities $257,700 $299,400 (a1) Compute the current ratio for each year. (Round answers to 2 decimal places, e.g. 0.15.) Current ratio 2022 2021 : 1 - / 6

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