
BE13-10 These selected condensed data are taken from recent balance sheets of Bob
Evans Farms (in thousands).
2009 | 2008 | ||
Cash | 13,606 | 7,669 | |
Accounts receivable | 23,045 | 19,951 | |
Inventories | 31,087 | 31,345 | |
Other current assets | 12,522 | 11,909 | |
Total current assets | 80,260 | 70,874 | |
Total current liabilities | 245,805 | 326,203 |
Compute the current ratio for each year and comment on your results
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