Question

Access the 2010 annual report for Green Mountain Coffee Company by clicking on the Investor Services, Financial Information and Annual Reports links at www.greenmountaincoffee.com.
Required
a. Examine the company's current-year and prioryear balances in accounts receivable. Calculate the percentage change in the account. Round percentages to one decimal point (i.e., 23.9%).
b. Calculate the company's allowance ratio for 2010 and 2009.
c. Do your calculations indicate a positive or negative trend in receivables?
d. Examine the fifth note to the financial statements. Would the company's accounts receivable balance increase due to the described activity?


$1.99
Sales0
Views24
Comments0
  • CreatedJuly 16, 2015
  • Files Included
Post your question
5000