Question & Answer: 17 ial and 2013 014 2013 o $166,000 $143.800 9 86.175 10 79,825 77600 9,79018,000 Sales 0 P3 15.700 440 34.400…..

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17 ial and 2013 014 2013 o $166,000 $143.800 9 86.175 10 79,825 77600 9,79018,000 Sales 0 P3 15.700 440 34.400 33.700 45.425 43,900 16,760 14610 050 310 5.910 BLUEGRASS CORPORATION Comparative Balance Sheets December 31, 2015, 2014, and 2013 2014 2013 Assets 36,300 Current assets.54,860 Long-term investments Plant assets, net Total assets 32,660 1,700 10,600 112810 113.660 79.00 167.670 $148-020 $125.900 Liabilities and Equity Current liabilities . .. Common stock . Other paid-in capital Retained earnings . . . Total liabilities and equity ..22,370 $19,180 $ 16,500 . .. 46,500 46,500 37,000 13,850 13,850 1300 8495068,490 61,100 s1259000 $167.670 $148.020 Required 1. Compute each year’s current ratio. (Round ratio amounts to one dedi 2. Express the income statement data in common-size percents. (Round percents 3. Express the balance sheet data in trend percents with 2013 as the base year. mal.) decimals.) Analysis Component 4. Comment on any significant relations revealed by the ratios and percents Koto Cormou