Question: Using the calculation analysis provided below for Foot Locker Finish Line, interpret the results of the two ratios in a few sentences. The data shows

Using the calculation analysis provided below for Foot Locker Finish Line, interpret the results of the two ratios in a few sentences. The data shows working capital and current ratio.

Foot Locker The Finish Line Year 2 Year 1 Year 2 Year 1 Current assets $2,606 $2,456 $ 521 $ 531 Current liabilities (700) (696) (221) (191) Working capital $1,906 $1,760 $ 300 $ 340 Foot Locker The Finish Line Year 2 Year 1 Year 2 Year 1 Current Ratio = Current Assets $2,606 $2,456 $521 $531 Current Liabilities $700 $696 $221 $191 3.7 3.5 2.4 2.8

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