In case of verticle Balance sheet, each of item of balance sheets is expressed as percent of
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In case of verticle Balance sheet, each of item of balance sheets is expressed as percent of Total Assets Accordingly, the Verticle Common size B/S is as follows:
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Absoluted 26-Feb- 27-Feb- 11 10 ASSETS Current Assets Cash and cash equivalents 1,103 1,826 Short term investments 22 90 Receivables 2,348 2,020 Merchandise inventories 5,897 5,486 Other current assets 1,144 1,103 Total current assets 10,473 10,566 Property and Equipments Land & Buildings 766 757 Leasehold improvements 2,154 2,318 Fixtures and equipments 4,701 4,447 Property under capital lease 120 95 Total 7,453 7,905 Less: Accumulated depreciation 4,082 3,383 Net property and equipments 3,823 4,070 Goodwill 2,454 2,452 Tradenames, net 133 159 Customer Relationship, net 203 279 Equity and other investments 328 324 Other assets 435 452 Total Assets 17,849 18,302 LIABILITIES AND EQUITY Current Liabilities Account Payables 4,894 5,276 Unredeemed card gift liabilities 474 463 Accrued compensation and relatedexpenses 570 544 Accrued liabilities 1,471 1,681 Accrued income taxes 256 316 Short term debts 557 663 Current portion of long term debts 441 35 Total current Jaibilities 8,663 8,978 Long term liabilities 1,183 1,256 Long term debts 711 1,104 Equity Best buy company In shareholders equity Preferred stock Common Equity 39 42 Additional paid-in capital 18 441 Retained earnings 6,372 5,797 Accumulated other comprehensive income 173 40 Total Best buy co, Inc shareholders equity 6,602 6,320 Non controlling interest 690 644 Total equity 7,292 6,964 Total Liabilities and equity 17,849 18,302
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