In the space below, record your observations about the changes in the current ratio over time? Go beyond describing the numerator or denominator. Provide a little analysis and interpretation. Tell the reader what the year-over-year changes in the current ratio says about the financial performance of Stockwell, Inc.? Balance Sheet At December 31 Assets Current 2015 2014 2013 Cash $21 $8 $17 Accounts Receivable 38 30 20 Merchandise Inventory 60 40 30 Prepaid Expenses 1 2 3 Total Current Assets 120 80 70 Property, plant and equipment 260 150 76 Assets at carrying amount Total Assets $380 $230 $146 Liabilities Current Accounts Payable $100 $80 $50 Non-Current Bonds Payable 4% 50 50 0 150 130 50 Equity Common Shares 200 80 80 Retained Earnings 30 20 16 230 100 96 Total Liabilities and Equity $380 $230 $146.

Answer rating: 100% (QA)

To analyze the changes in Stockwell Incs current ratio over time 1 2015 Current Ratio Current Assets ... View the full answer