Question: These selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash Accounts receivable $30.0 20.5 Inventory
These selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars). Cash Accounts receivable $30.0 20.5 Inventory 26.1 Other current assets quad21.4 Total current assets quad$98.0 Total current liabilities quad$200.0 Compute working capital and the current ratio. (For working capital, enter answer in millions. If answer is negative enter it with a negative sign preceding the number eg. -15.2 or in parentheses eg. (15.2). Round current ratio to 2 decimal places, e.g. 0.78:1.) Working capital million Current ratio :1
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