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Analysis Of Soda Pop Organics, Inc.

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Liabilities are obligations that are the responsibility of the company and can be in the forms of loans that the company needs to pay or services that the company still needs to provide (Merritt, 2016). Liabilities are broken down into two main categories, current liabilities and long term liabilities (McClure, n.d.). Current liabilities are those obligations that will come due within the next year, while long term liabilities typically come due in the future, but not within the next 12 months (McClure, n.d.). For 2013, Soda Pop Organics, Inc. reported total liabilities of $49,993 million, which included $24,941 million in current liabilities and $25,052 million in long term liabilities. Based on its current ratio of 1.08 the company has

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