ACC 111 Final.pdf - Final Exam Essay 1 Using Appendix A in...

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Final Exam Essay 1. Using Appendix A in the textbook, find the working capital for Green Mountain Coffee Roasters, INC. For the years 2009 through the year 2011. So using the information provided by the prompt, the equation for Working Capital is Current Assets subtracted by the Current Liabilities. Using this, I found that the Working capital for the year 2009 was 413,748 thousand dollars, because the Current Assets capped off at 537,801 thousand dollars and the Current Liabilities were only 124,053 thousand dollars. 2010 was a bad year for the Green Mountain Roasters, INC. In 2010 they lost 42,532 thousand dollars worth of current assets and almost doubled their current liabilities. The Working Capital at the end of the year was 257,214 thousand dollars. In 2011, The company bounced back and more than doubled their working capital. They more than doubled the company’s current assets from the year 2009, and increasing the working capital from 257,214 thousand to 660,153 thousand dollars. In order to find the current ratios for those years, I simply take the Current Assets and divide them by the Current Liabilities. So using the numbers I found for the year 2009, the current ratio was 4.34 as this is 537,801 divided by 124,053. In 2010, when the company saw a

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