Question: The following data (in thousands) were taken from recent financial statements of Starbucks Corporation: a. Compute the working capital and the current ratio as of

The following data (in thousands) were taken from recent financial statements of Starbucks Corporation:

a. Compute the working capital and the current ratio as of September 30, 2007 and October 1, 2006. Round to two decimal places.b. What conclusions concerning the company's ability to meet its financial obligations can you draw from part(a)?

Sept. 30, 2007 $1,696,487 2,155,566 Oct. 1, 2006 Current assets Current liabilities $1,529.788 1,935,620

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