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Big Rock Brewery Inc. creates and sells premium natural unpasteurized beer The following information(all amounts in thousands) can be found on its recent balance sheets
Big Rock Brewery Inc. creates and sells premium natural unpasteurized beer The following information(all amounts in thousands) can be found on its recent balance sheets (for statements financial position, as Big Rock calls them): Calculate Big Rock id test assets, current assets, and current liabilities for each year. Enter s before each amount Do not use commas. Calculate Big Rock's working capital, current ratio, and acid-test ratio for each year, Enter the working capitals a amount. Enter the ratios in the following format: 1.35:1 Carry two decimal places. Use a zero in the ones place if the ratio is less than 1 (e.g, 0.25:1) Use scientific rounding to determine the second number after the decimal round up if 5 more, down if less than 5 What does each of the measures calculated in (b) show? Comment on Big Rock's liquidity Working capital is increasing deceasing, not changing
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