Determine the working capital and current ratios for 2009, 2010, and 2011 for the Green Mountain Coffee Roasters Inc. based on the information contained in the consolidated balance sheets in Appendix A. Did Green Mountain's working capital and current ratio increase or decrease from 2009 to 2011?

What conclusions can you draw concerning the relative liquidity and efficiency of this corporation? How do Green Mountain's results compare with those of other companies in the same industry? Would you invest in this company? Defend your position on these issues in a one or two-page typed response. Do not forget to include your calculations and comparisons in an easy to read chart format.

ousands except per share data) Fifty-two September 24, Fifty-two Fifty-two weeks ended eeks ended weeks ended September 26, 2009 September 25, 2011 2010 Net sales Cost of sales 2,650,899$1,356,775 786,135 Gross profit Selling and operating expenses General and administrative expenses Patent litigation settlement 1.746,274 904,625 348,696 187,016 931,017 425,758 186,418 100,568 540,744 245,391 121,350 47,655 Operating income Other income (expense), net 138,772 85 93,386 (662) 368,913 Loss on financial instruments, net Loss on foreign currency, net Interest expense 648 (6,245) (2,912) (354) (57,657 302,747 (101,699) 4,693) 88,031 (33,592) 54,439 5,294 133,209 Income before income taxes Net Income Net income attributable to GMCR Income tax expense 201,048 $ 79,506 Net income attributable to noncontrolling interests1547 S 199,50 $79,506 54,439 Basic income per share: Basic weighted average shares outstanding 146214,860 1 Net income per common share--basic 146,214,860 131,529,412 113,979,588 S 1.36 0.60 $ Diluted income per share: Diluted weighted average shares outstanding Net income per common share-diluted 137,834,123 0.58 152,142,434 120,370,659 0.45 1.31 $ Liabilities and Stockholders' Equity Current liabilities: 5 19,009 39,220 24,236 49,279 1,934 Current portion of long-term debt Accounts payable Accrued compensation costs Accrued expenses Income tax payable Deferred income taxes, net Other current liabilities Current liabilities related to assets held for sale 6,669 265,511 43,260 92,120 9,617 243 4,613 19,341 471,374 575,969 189,637 27,184 474 4,377 238,055 335,504 92,579 5,191 Total current iabilities Long-term debt Deferred income taxes, net Other long-term liabilities Long-term liabilities related to assets held for sale Commitments and contingencies (See Notes 5 and 19) Redeemable noncontrolling interes Stockholders' equity 21,034 Preferred stock, $0.10 par value: Authorized 1,000,000 shares; No shares issued or outstanding Common stock, $0.10 par value: Authorized-200,000,000 15,447 13,282 shares; Issued and outstanding- 154,466,463 and 132,823,585 shares at September 24, 2011 and September 25, 2010, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive loss 1,499,616 411,727 473,749 213,844 14,575) (1.630 Total stockholders' equity Total liabilities and stockholders' equity S 699,245 $1,370,574 $3,197,887 GREEN MOUNTAIN COFFEE ROASTERS, INC. CONSOLIDATED BALANCE SHEETS (Dollars in thousands) September 24, 2011 September 25, 2010 Assets WL 66 0.153 Current assets: Cash and cash equivalents Restricted cash and cash equivalents Receivables, less uncollectible accounts and return allowances 12,989 27,523 310,321 $ 4,401 355 72,200 of $21,407 and $14,056 at September 24, 2011 and September 25, 2010, respectively Inventories Income taxes receivable Other current assets Deferred income taxes, net Current assets held for sale 262,478 672,248 18,258 28,072 36,231 25,885 5,350 23,488 26,997 495,269 258,923 220,005 386,416 9,961 k Total current assets 1,131,527 Fixed assets, net Intangibles, net Goodwill 579,219 529,494 789,305 47,759 120,583 Other long-term assets 312310574 Long-term assets held for sale Total assets Liabilities and Stockholders' Equity