Moving to another question will save this response Question 9 Based on the currento (current assets current abilities) GoPro was less liquid in 2019 than it was in 2018 Round answers to two decimal places for example, 3.12743313) True False Consolidated Baranco Shoots December 31, 2019 December 31, 2018 In thousands, except par values) Assets Current assets Cash and cash equivalents Marketable securities Accounts receivable, nel Inventory Prepaid expenses and other current Touil Centres Property and equipment, net Operating serious Intangible assetset Goodwill Other long- Total 150,301 $ 14.847 200.634 144,235 25.950 535.976 2009 53.121 5.247 140.459 15451 782.8035 152.005 45.417 129.216 116.458 30.687 474 073 407 13.065 166450 TH195 9,36 548 470 135.892 151 Labrities and Stockholders Iquity Current tables Accounts payable Acued expenses and other currentes Short term operating se la Defned rever Tournais Long-term as payable Long terme Long term cering roses Other longebote Totalbes 100.6955 1417 9.000 15.457 27001 13,720 14001 961 6720 559.274 209.490 10553 13.02 20203 47 Comment contre des 950.875 111361 Store Preferred stock 30 000 pri 6.000 restored for Cone dowca. 10.000.000 Casares el 117022 and 170 werd handely 150 000 shares 20.075 207 hand, Two col 1,710 1071 AC You Total de There (1333 0.00 2305 GoPro, Inc Notes to Consolidated Financial Sutements Accrued expenses and other current liabilities in thousands) Accrued payables Accrued sales incentives Employee related liabilities Retum fiability Warranty lability Inventory received Customer deposits Purchase order commitments Income taxes payable Other Accrued expenses and other current abilities December 31, 2019 42,153 5 39,120 20,404 14 854 9,899 5.737 2,063 1,710 5,166 4,594 149,790 5 December 31, 2018 34,696 40,918 19.775 13.100 9.804 5.081 3.105 2015 1948 5.670 135 892 the che 11 henduring there for mouta tocated with tructuring Product warranty Year ended December 31 in thousands) 2019 2018 2017 Beginning balance 5 10.971 10,3735 11.15 Charged to cost of revenue 18.933 24725 20,139 Seement of warranty claims (16,500) 124, 127) (21.711 Warranty ability 11.390 5 10.9715 10.373 Al December 31, 2019 and 2018. $9.9 million and $9.8 milion of the warranty ability was recorded as a component of conued expenses and other current liabilities, respectively and $15 million and $1,4 million was recorded as a component of other long-term abilities, respectively 4. Financing Arrangements Credit Facility In March 2016 the Company entered into a Credit Agreement (Credit Agreement with certain banka which provides for a secured revolving cred facility Credit Facility under which the Company may borrow up to an aggregate amount of $250.0 milion The Company and its lenders may increase the total commitments under the Cred Facility to up to an aggregate amount of $300 o milion, subject to certain conditions The Creat Facility wil terminate and any outstanding borowings become due and payable in March 2021 The amount that may be borrowed under the Credit Facility is determined a periodi intervals and is based upon the Company investory and accounts receivable balances Borrowed funds accrue interest based on an annual rate of (a) London Interbank Offered RAIBOR) or (b) the administrative agent's been plus an applicable margin of between 1 50% and 2.00% for LIBOR reloans and between 50% and 100% for base rates. The company is required to pay a commitment toe on the unused portion of the Credit Facy of 25% or 0.375% per annum based on the sevel of ration of the Credit Faclity Amounts Owed under the Credit Agreement and related credit documents are guaranteed by GoPro, Inc and its material Suboldries GoPro, Inc. and its Netherlands subsidiary have also granted security vlerests in substany al of the sets to colateraluze this obligation The Credit Agreement contan customary covenant, auch a financial statement reporting recurements and initing the bay of the Company and its subsidies to pay dividends or incur debt creation and encumbrancesmake vents and redeem ruche The Company is reared to maintain