Kedzie Kord Company had the following balance sheets and income statements over the last three
Taxes 390 452 576
1,340
4
Total assets $
Sellng, general, and administrative
Profit before taxes $ 977 $
Net fixed assets 2,581 4,430 4,364
$11,90
Profit after taxes $ 587 $ 717$ 764
7,540
$11,90
Payables $
5,870
Cash $ 561 $ 387 $ 202
$
performance.
0
Longterm debt 500 1,000 950
0
63
4,360
$10,30
7,136
$10,30
$
Current liabilities $
Interest 73 188 200
Using commonsize and index analyss, evaluate trends in the company’s financal condition and
Bank loan 250 900 1,050
$
1,169
7,136
1,862
Shareholder’s equity 4,223 4,940 5,704
equity
3,613
Cost of goods sold 8,53711,12412,016
$14,95
2,276 2,4712,793
$
Current assets $
$
9
2,944
Sales $11,8
5,250
expenses
Receivables 1,963 2,870 4,051
4,555
$
2
Inventories 2,031 2,613 3,287
20X1 20X2 20X3
$16,34
4
$
Total liabilities and sharehoder’s
Accruals 301 516 587
$
years(inthousands):
2,413 ​