Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2020 2019Cash $12,983 $8,308Accounts receivable 22,433 18,683Inventory 27,299 32,052Other current assets 13,635 13,016Total current assets $76,350 $72,059Total current liabilities $254,500 $313,300what is the current ratio for 2020 and 2019

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Description: Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2020 2019Cash $12,983 $8,308Accounts receivable 22,433 18,683Inventory 27,299 32,052Other current assets 13,635 13,016Total current assets

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Answered: is the current ratio for 2020 and 2019

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands).

	2020	2019
Cash	$12,983	$8,308
Accounts receivable	22,433	18,683
Inventory	27,299	32,052
Other current assets	13,635	13,016
Total current assets	$76,350	$72,059
Total current liabilities	$254,500	$313,300

what is the current ratio for 2020 and 2019

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