Question

F A 12 Months Ended Horizontal Analysis Consolidated Balance Sheets- USD ($) $ in Thousands $ Change 2017 to 2018 % Change 2017 to 2018 Dec. 31, 2017 Dec. 31, 2018 Current assets -88.68% -$208,694.00 $235,336 $26,642 Cash and cash equivalents Receivables (net of allowance for doubtful accounts of $15,905 and $12,221, respectively) $12,148.00 $10,122.00 9.65% $125,870 $0 $138,018 $10,122 $36,759 $32,243 0.00% Income taxes receivable 177.30% $23,503.00 $13,256 Notes receivable, net of allowances $6,276.00 -$156,645.00 $44,161.00 $88,239.00 $170,696.00 $3,304.00 -$1,440.00 $25,210.00 $3,389.00 $16,685.00 $143,179.00 24.17% $25,967 $400,429 $83,374 $80,757 Other current assets -39.12 % $243,784 $127,535 $168,996 Total current assets 52.97% Property and equipment, at cost, net 109.26% Goodwill 169.86 % 4.12 % $100,492 $80,136| $20,838 $271,188 Intangible assets, net Notes receivable, net of allowances Investments, employee benefit plans, at fair value Investments in unconsolidated entities Deferred income taxes $83,440 -6.91 % $19,398 -18.78% $134,226 $109,016 $30,613 $84,400 12.45% $27,224 24.64% $67,715 Other assets 14.39 % $995,191 $1,138,370 Total assets Ratio Analysis Statement of Cash Flows Income Statement Balance Sheet 10-K Document Questions Instructions e 94% е 99+ 0 Type here to search

Please help with question #5

Answer 1

(Please note that the images provided by you are for 2018 for 2017 and hence 2 years and not 3 years as specified in the question. Hence I am answering the question on the basis of data for 2018 and 2017 that has been provided)

(5): While the total amount of assets increased by 14.39% on a year-on-year (y o y) basis from 2017 to 2018 we can see that the company’s total current assets declined by 39.12%. During the same period total current liabilities increased by 11.87% and this means that the company’s current ratio declined. This is an indication of the company’s deteriorating liquidity position. This is the most significant trend over the period as deteriorating liquidity position may create working capital problems for the company in future.