These selected condensed data are taken from recent balance sheets of Bob Evans Farms (in...

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Accounting

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

2007

2006

Cash

$29,287

$16,727

Accounts receivable

20,515

16,131

Inventories

28,673

28,058

Other current assets

23,989

21,486

Total current assets

$102,464

$82,402

Total current liabilities

$201,183

$159,485

Compute the current ratio for each year.

DO NOT COPY FROM CHEGG, OR I HAVE TO REPORT.

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