Question: Current Attempt in Progress Suppose the following data were taken from the 2017 and 2016 financial statements of Ameri including share data, are in

Current Attempt in Progress Suppose the following data were taken from the2017 and 2016 financial statements of Ameri including share data, are in

Current Attempt in Progress Suppose the following data were taken from the 2017 and 2016 financial statements of Ameri including share data, are in thousands.) 2017 2016 Current assets $924,000 $875,000 Total assets 1,969,000 1,707,500 Current liabilities 440,000 350,000 Total liabilities 593,900 500,000 Net income 184,000 384,100 Net cash provided by operating activities 313,000 487,200 Capital expenditures 279,000 274,800 Dividends paid on common stock 77,000 107,800 Weighted-average shares outstanding 207,000 217,700 (a) Calculate the current ratio for each year. (Round answers to 2 decimal places, e.g. 15.25) 2017 2016

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