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.