Jun. 13 at 9:11 PM
$JVA improvements evident: current ratio =4.98.....acid test ratio=2.32..inventory increased 11% from
$15,705,484 to
$17,215,904.... Accounts Receivables climbed 8.3% from
$9,367,338 to
$10,146,393...cash rose 33% from
$1,381,023 to
$1,832,162..The company's line of credit has
$3,000,000 used against its
$10 million line. Shareholder's equity jumped 6.80% from
$26,177,567 to
$27,974,878. The company's sales mix was 40% green coffee and 60% packaged.
