Barnett Publishing Inc Required:

Prepare a Trend Analysis of Barnett’s Current Assets

Barnett Publishing Inc.,reported the following current asset data in $000s in its 2014 annual report.
$$\begin{array}{lrrrr}\underline{\textbf{Current Assets}} & \underline{\mathbf{2014}} & \underline{\mathbf{2013}} & \underline{\mathbf{2012}} & \underline{\mathbf{2011}} \\\text{Cash and equivalents} & \$4,145,592 & \$4,937,159 & \$5,275,650 & \$5,065,380 \\\text{Short-term investments} & 1,216,637 & 1,252,356 & 1,279,530 & 1,236,406 \\\text{Merchandise inventory} & 281,378 & 70,347 & 52,773 & 25,383 \\\text{Accounts receivable} & 772,533 & 789,297 & 854,821 & 736,452 \\\text{Prepaid expenses and other} & 351,510 & 390,301 & 384,839 & 371,015 \\\end{array}$$ Required:

Prepare a trend analysis of Barnett’s current assets, rounding your answers to one decimal place. Comment on any significant trends you identify.