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Chapter 06
128
TO THE NET
1. a. 1. Quaker develops, produces, and markets a broad range of formulated
services (“CMS”).
2. Current ratio
December 31
2010
2009
Total current assets (a)
$215,482,000
$199,174,000
Total current liabilities (b)
$101,191,000
$100,180,000
Current ratio (a) ÷ (b)
2.13
1.99
2. Current ratio
January 29,
January 30,
2011
2010
Total current assets (a)
$7,621,000,000
$7,483,000,000
Total current liabilities (b)
$8,070,000,000
$7,727,000,000
Current ratio (a) ÷ (b)
.94
.97
inventory.
2. a. The Kroger Co. was founded in 1883 and incorporated in 1902.
c. Inventory January 29, 2011
$5,793,000,000
LIFO Credit
(827,000,000)
Net Inventory
$4,966,000,000
basis) or market.
3. a. Item 1. Description of the Business
Dynatronics is a Utah corporation formed on April 29, 1983. Our predecessor
Chapter 06
129
report refer to the consolidated financial statements of Dynatronics Corporation
and its subsidiary, Dynatronics Distribution Co. LLC.
c. Gross receivable
$3,735,251
254,664
$3,989,915
4. a. Item 1. Business
TASER International, Inc.’s (the “Company” or “TASER” or “we” or “our”) mission
is to protect life, prevent conflict and resolve disputes through technologies that
make communities safer. We are a market leader in the development,
and personal defense markets.
b. Net receivable December 31, 2010
$13,542,535
c. Gross receivable December 31, 2008
$13,542,535
200,000
$13,742,535
e.
December 31,
December 31,
2010
2009
Cash and cash equivalents (a)
$42,684,241
$45,505,049
Total current assets (b)
82,326,195
85,885,246
Total assets (c)
$136,186,935
$138,425,917
(a) ÷ (b)
51.85%
52.98%
(a) ÷ (c)
31.34%
32.87%
5. a. Item 1. Business
Dell delivers innovative technology and services which customers trust and
Chapter 06
130
longer duration.
c. Receivables are turning over faster than the payment terms on accounts
payable.
