Book1819.xlsx - Bluegrass Corporation 1.Current Ratio = Current Assets Current Liabilities 2.Common Size Income Statements Amounts Current Assets

Book1819.xlsx - Bluegrass Corporation 1.Current Ratio =...

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Bluegrass Corporation 1.Current Ratio = Current Assets / Current Liabilities 2.Common Size Income Statements 2017 2016 2015 2017 Current Assets 54860 32660 36300 Sales 198800 Current Liabilities 22370 19180 16500 Cost of goods sold 108890 CR 2.45 1.70 2.20 Gross Profit 89910 Current Ratio shows dip in liquidty in 2016 as Selling Expenses 22680 compared to 2015, but the same inproved in 2017 Administrative Expe 16760 Total Expenses 39440 The ratios too reveal that current assets have dipped Income before Taxes 50470 in 2016 as compared to 2015 showing dip in liquidity Income Taxes 6050 Net Income 44420 3.Express Balance sheet as trend % 2017 Assets Current Assets 54860 Long Term Investmen 0 Plant Assets, net 112810 Total Assets 167670 Liabilities & Equity Current Liabilities 22370 Common Stock 46500 Other Paid in Capital 13850 Retained Earnings 84950 Total Liabilities & Equ 167670
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s Amounts %ge 2016 2015
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  • Spring '12
  • CDG
  • Balance Sheet, Current Assets, Generally Accepted Accounting Principles, Bluegrass Corporation, Current ratio shows

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