EX 4-21 Working capital and current ratio The following data (in thousands) were taken from recent financial statements of Under Armour, Inc.

EX 4-21 Working capital and current ratioThe following data (in thousands) were taken from recent financial statements of UnderArmour, Inc.:December 312007$322,24595,699a. Compute the working capital and the current ratio as of December 31, 2008 and 2007.Round to two decimal places.b. What conclusions concerning the company’s ability to meet its financial obligationscan you draw from part (a)?

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