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What is your assessment of the performance of the company during the 2014 to 2018 period? Has the companys financial strength and access to finance
What is your assessment of the performance of the company during the 2014 to 2018 period? Has the companys financial strength and access to finance improved or weakened?
2014 ($ in thousands) Revenues Cost of Goods Sold Gross Margin Research & development Sell, general & administrative Operating income Net Interest Expense Profit before tax Taxes Net Income 130,000 40,300 89,700 13,000 70,000 6,700 1,000 5,700 2,000 3,700 2015 147,000 43,000 104,000 15,000 79,000 10,000 1,000 9,000 4,000 5,000 2016 171,000 50,000 121,000 20,000 92,000 9,000 2,000 7,000 2,000 5,000 2017 205,000 63,000 142,000 26,000 106,000 10,000 2,000 8,000 3,000 5,000 2018 244,000 74,000 170,000 28,000 116,000 26,000 2,000 24,000 10,000 14,000 Cash Receivables Inventories Other current assets 8,000 39,500 20,000 10,000 77,500 8,000 2,000 87,500 9,000 42,000 21,000 10,000 82,000 9,000 2,000 93,000 10,000 53,000 28,000 13,000 104,000 12,000 2,000 118,000 15,000 61,000 30,000 21,000 127,000 13,000 6,000 146,000 18,000 66,000 29,000 20,000 133,000 18,000 8,000 159,000 Total current assets Net property & equipment Other assets Total assets 5,000 5,000 6,200 3,000 19,200 10,000 3,000 5,000 10,000 3,000 21,000 10,000 18,000 6,000 13,000 3,000 40,000 9,000 *** Notes payable Accounts Payable Accrued Liabilities Other current liabilities Total Current liabilities Long-term senior debt Subordinated convertible debt Other liabilities common stock Retained earnings Total shareholder's Equity Total Liabilities and Shareholder's Equity 8,000 7,000 21,000 4,000 40,000 8,000 20,000 7,000 30,000 41,000 71,000 146,000 10,000 6,000 28,000 4,000 48,000 7,000 20,000 9,000 20,000 55,000 75,000 159,000 1,000 30,000 27,300 57,300 87,500 1,000 30,000 31,000 61,000 93,000 3,000 30,000 36,000 66,000 118,000 2014 ($ in thousands) Revenues Cost of Goods Sold Gross Margin Research & development Sell, general & administrative Operating income Net Interest Expense Profit before tax Taxes Net Income 130,000 40,300 89,700 13,000 70,000 6,700 1,000 5,700 2,000 3,700 2015 147,000 43,000 104,000 15,000 79,000 10,000 1,000 9,000 4,000 5,000 2016 171,000 50,000 121,000 20,000 92,000 9,000 2,000 7,000 2,000 5,000 2017 205,000 63,000 142,000 26,000 106,000 10,000 2,000 8,000 3,000 5,000 2018 244,000 74,000 170,000 28,000 116,000 26,000 2,000 24,000 10,000 14,000 Cash Receivables Inventories Other current assets 8,000 39,500 20,000 10,000 77,500 8,000 2,000 87,500 9,000 42,000 21,000 10,000 82,000 9,000 2,000 93,000 10,000 53,000 28,000 13,000 104,000 12,000 2,000 118,000 15,000 61,000 30,000 21,000 127,000 13,000 6,000 146,000 18,000 66,000 29,000 20,000 133,000 18,000 8,000 159,000 Total current assets Net property & equipment Other assets Total assets 5,000 5,000 6,200 3,000 19,200 10,000 3,000 5,000 10,000 3,000 21,000 10,000 18,000 6,000 13,000 3,000 40,000 9,000 *** Notes payable Accounts Payable Accrued Liabilities Other current liabilities Total Current liabilities Long-term senior debt Subordinated convertible debt Other liabilities common stock Retained earnings Total shareholder's Equity Total Liabilities and Shareholder's Equity 8,000 7,000 21,000 4,000 40,000 8,000 20,000 7,000 30,000 41,000 71,000 146,000 10,000 6,000 28,000 4,000 48,000 7,000 20,000 9,000 20,000 55,000 75,000 159,000 1,000 30,000 27,300 57,300 87,500 1,000 30,000 31,000 61,000 93,000 3,000 30,000 36,000 66,000 118,000Step by Step Solution
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