Current Position Analysis

The following data were taken from the balance sheet of Bock Suppliers Company:

				Current Year			Previous Year
Cash				$349,600			$272,000
Temporary investments				404,800			306,000
Accounts and notes receivable (net)				165,600			102,000
Inventories				637,600			414,800
Prepaid expenses				328,400			265,200
	Total current assets			$1,886,000			$1,360,000
Accounts and notes payable
	(short-term)			$266,800			$280,000
Accrued liabilities				193,200			120,000
	Total current liabilities			$460,000			$400,000

a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place.

			Current Year			Previous Year
1. Working capital	$			$
2. Current ratio
3. Quick ratio

b. The liquidity of Bock Suppliers has from the preceding year to the current year. The working capital, current ratio, and quick ratio have all . Most of these changes are the result of an in current assets relative to current liabilities.

EXAM 4 1. EX.13- AL 2 Ex.13-11Ao 3 Ex.13 2.gu Current Podltion Analysls The tellowina data waro taloan trom the balancs shet ct Bock Suppler Campany: $340,600 272,000 Ex.13 8.Ago U4,800 Accounts and notcs recdvabla tnt) Inventerie Prepaid oenss 637,600 6. EX15-G.ALGO 328,100 Total ouent assets 1,3C0,000 Accounts and notcs payable 8 Fx 15-3 Algn $266,800 193,200 450,000 a. Determine for each Year(1) the working capital, (2) the current ratio, and 3) the quick ratio. Round r tics to one decimal place. FX 15-91A Accrued liabiities 20,000 Total cument abilitie: 10. EX14-15 ALGO 11. Pi.142Algu Previous Year 1. Workina capit:l 2. Current ratia 3. Qick ratio b. The liquidty of Bock Suppliers has from tre preceding Year to the current year. The wordng CDpital, current ratio, and quick ratio havc 1 . Moot of these changes are the resut of an in Progress: 7/11 items me Remaining: 1:42:42 Submit lest for Grading Olype here to search