Baldwin Corp. reported the following current accounts at the end of two recent years: Required 1. Compute Baldwin’s current ratio at the end of each of the two years. 2. How has Baldwin’s liquidity...

Baldwin Corp. reported the following current accounts at the end of two recent years:

Required

1. Compute Baldwin’s current ratio at the end of each of the two years.

2. How has Baldwin’s liquidity changed at the end of 2014 compared to the end of 2013?

3. Comment on the relative composition of Baldwin’s current assets at the end of 2014 compared to the end of 2013.