Working capital and current ratio The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.: 11eb6eb8_227e_b8c7_9fd7_effbb9af4fa3_SM1486_00 a. Compute the working capital and the current ratio as of December 31, Year 2 and Year 1. Round to two decimal places. b. What conclusions concerning the company's ability to meet its financial obligations can you draw from part (a)

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 26الرقم المعياري الدولي: 978-1285743615

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

النسخة 26الرقم المعياري الدولي: 978-1285743615

تمرين 48

Working capital and current ratio
The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.:

a. Compute the working capital and the current ratio as of December 31, Year 2 and Year 1. Round to two decimal places.
b. What conclusions concerning the company's ability to meet its financial obligations can you draw from part (a)

التوضيح

موثّق

a)
Working capital is derived by deducti...