Yahoo! Inc.s recent financial statements contain the following selected data (in thousands). Current assets ...........$ 4,594,772 Total

Question:

Yahoo! Inc.’s recent financial statements contain the following selected data (in thousands).

Current assets ...........$ 4,594,772

Total assets ............ 14,936,030

Current liabilities ......... $1,717,728

Total liabilities .......... 2,417,394

Compute

(a) Working capital

(b) Current ratio.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...