How do I calculate/find the current ratio. I know current ratio is current asset

Question

How do I calculate/find the current ratio. I know current ratio is current assets/current liabilities

Balance Sheet All numbers in thousands Period Ending Current Assets Cash And Cash Equivalents Short Term Investments 1/28/2017 2,512,000 Net Receivables Inventory 8,309,000 Other Current Assets 1,169,000 Total Current Assets Long Term Investments Property Plant and Equipment Goodwill 11,990,000 24,658,000 Intangible Assets Accumulated Amortization Other Assets 783,000 Deferred Long Term Asset Charges Total Assets 37,431,000

Explanation / Answer

Current ratio:

= Current assets/Current liabilities

= $37,431,000/$12,708,000

= 2.95

Hence, current ratio is 2.95

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