Question: Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). ____________ ________________ _2019 2018 Cash..........$ 13,606...$7,669 Accounts receivable.23,045...19,951
Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands).
____________ ________________ _2019 2018
Cash………………………………........……..$ 13,606………...$7,669
Accounts receivable……………………….23,045………...19,951
Inventory……………………………........……..31,087………..31,345
Other current assets…………………..……..12,522………..11,909
Total current assets……………………....…$ 80,260……...$ 70,874
Total current liabilities…………………..$245,805……...$326,203
Compute the current ratio for each year and comment on your results.
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