(Related to Checkpoint 18.1) (Measuring firm liquidity) The following table contains current asset and current liability balances for Deere and Company (DE): a. Measure the liquidity of Deere & Co. for each year using the company's net working capital and current ratio. b. Is the trend in Deere's liquidity improving over this period?
(Related to Checkpoint 18.1) (Measuring firm liquidity) The following table contains current asset and current liability balances for Deere and Company (DE): a. Measure the liquidity of Deere & Co. for each year using the company's net working capital and current ratio. b. Is the trend in Deere's liquidity improving over this period?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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M7Q1 Redo

Transcribed Image Text:(Related to Checkpoint 18.1) (Measuring firm liquidity) The following table contains current asset and current liability balances for Deere and Company (DE):
a. Measure the liquidity of Deere & Co. for each year using the company's net working capital and current ratio.
b. Is the trend in Deere's liquidity improving over this period?
a. The company's net working capital for 2011 is $
(Enter your answer in thousands of dollars.)
...

Transcribed Image Text:Data table
($ thousands)
Current assets
Cash and cash equivalents
Short-term investments
Net receivables
Inventory
Total current assets
Current liabilities
Accounts payable
Short-term/current long-term debt
Other current liabilities
Total current liabilities
2013
Print
2,290,400
0
3,949,300
3,016,200
9,255,900
6,546,400
8,560,900
0
15,107,300
2012
Done
2,199,700
1,589,300
3,643,100
2,206,500
9,638,600
(Click on the icon in order to copy its contents into a spreadsheet.)
3,098,300
10,376,400
2,779,700
16,254,400
2011
1,625,400
0
3,584,100
1,935,400
7,144,900
4,611,100
8,114,200
0
12,725,300
-
X
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