(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?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
M7 Q1
Transcribed Image Text:($ 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
2151700
2247100 1703200
1782500
3980700
3776200
3459800
2962000
2358400
1937800
9094400 10164200 7100800
0
2012
2011
0
0
6620900 3154600 4616900
8469100 10269600
8230000
2756900
15090000 16181100 12846900
0
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?
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