This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: increased by $4.3 billion dollars from 2007which increased the total assets from $6.5 million dollars in 2008. Net sales increased 28% annually to $24.51 billion dollars in 2009. This is a Remarkable increase in net sales looking back 10 years when net sales were $1.64 billion in 1999. Accounts payable included all expenses in relation to the companys operation. Accounts payable in the last two reporting periods has increased by 36%. Accounts payable in 2008 was $3,594,000 and in 2009, accounts payable was $5,605,000. Total current liabilities included accrued expenses within the period. Total accrued expenses reported in the last two periods have increased by 35%, which has also increased the total current liabilities by 35%. Total current liabilities in 2008 were $4,746,000. In 2009, total current liabilities were $7,364,000....
View Full Document
- Spring '10