Long term investments 0 010600 x 100 1604 170010600 x 100 100 1060010600 x 100

Long term investments 0 010600 x 100 1604 170010600 x

This preview shows page 3 - 5 out of 5 pages.

Long-term investments 0% (0/10,600) x 100 16.04% (1,700/10,600) x 100 100% (10,600/10,600) x 100 Plant assets 142.80% (112,810/79,000) x 100 143.87% (113,660/79,000) x 100 100% (79,000/79,000) x 100 Total assets 133.18% (167,670/125,900) x 100 117.57% (148,020/125,900) x 100 100% (125,900/125,900) x 100 Liabilities and Equity Current liabilities 135.58% (22,370/16,500) x 100 116.24% (19,180/16,500) x 100 100% (16,500/16,500) x 100 Common stock 125.68% (46,500/37,000) x 100 125.68% (46,500/37,000) x 100 100% (37,000/37,000) x 100 Other paid in capital 122.57% (13,850/11,300) x 100 122.57% (13,850/11,300) x 100 100% (11,300/11,300) x 100 Retained earnings 139.03% (84,950/61,100) x 100 112.10% (68,490/61,100) x 100 100% (61,100/61,100) x 100 Total liabilities and equity 133.18% (167,670/125,900) x 100 117.57% (148,020/125,900) x 100 100% (125,900/125,900) x 100 3
Image of page 3
BUS4061 Part 4 Significant relations revealed: 1. Current Ratio’s: Each year is 1.5 or higher, suggesting that the company has resources available to pay any short term cash requirement they incur; however 2015 & 2017 are higher than 2016, which might suggest they invested too much in Current Liabilities and not enough in Current Assets ( Wild, Shaw, & Chiappetta). 2. Common Size Comparative Income Statement: Although Total Expenses has decreased over the years, Net Income has also decreased due to an increasing Cost of Goods Sold 3. Balance Sheet Data –Trend Percent’s: Overall their Total Assets and Total Liabilities & Equity have increased over the years. One drastic change I see is in 2017 with a 0% Long Term Investment and a significant jump in Current Liabilities and Retained Earnings 4
Image of page 4
BUS4061 References Wild, John, Shaw, Ken, Chiappetta, Barbara. Financial and Managerial Accounting . [Capella]. Retrieved from 5
Image of page 5

You've reached the end of your free preview.

Want to read all 5 pages?

  • Fall '14
  • DennisHart
  • Balance Sheet, Net Income, Generally Accepted Accounting Principles, Bluegrass Corporation

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes