Question: Ivanhoe Boutique Balance Sheet (partial) September 30 (in thousands) Current assets Cash and short-term deposits Accounts receivable Inventories Other current assets (a) Total current assets

Ivanhoe Boutique Balance Sheet (partial) September 30 (in thousands) Current assets Cash and short-term deposits Accounts receivable Inventories Other current assets (a) Total current assets Current liabilities Current ratio 2022 $2,515 2,095 1,145 2022 265 $6,020 $4,445 2021 $965 :1 1,525 955 Calculate the current ratio for Ivanhoe Boutique for 2022 and 2021. (Round answers to 2 decimal places, e.g. 1.25:1) 135 $3,580 $2,565 2021 :1

Calculate the current ratio for Ivanhoe Boutique for 2022 and 2021. (Round answers to 2 decimal places, e.s. 1.25:1)

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