Question: EX 4-22 Working capital and current ratio EX 4-2 OBJ. 7 The following data (in thousands) were taken from recent financial statements of Star- bucks

EX 4-22 Working capital and current ratio EX 4-2 OBJ. 7 The following data (in thousands) were taken from recent financial statements of Star- bucks Corporation: Year 2 Year 1 Current assets $4,352,700 $4,168,700 Current liabilities 3,653,500 3,038,700 a. Compute the working capital and the current ratio for Year 2 and Year 1. Round to two decimal places. b. What conclusions concerning the company's ability to meet its financial ob- ligations can you draw from part (a)

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