Question: Please answer problem #4, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Suppose these selected condensed data are taken from recent balance sheets of
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $13,400 $9,800 Accounts receivable 23,100 20,100 Inventory 30,600 30,600 Other current assets 12,800 11,909 Total current assets $79,900 $72,409 Total current liabilities $250,000 $315,600 Compute the current ratio for each year. (Round answers to 2 decimal places, eg. 2.12.) 2022 2021 Current ratio: :1 :1
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