Blue Bird Sporting Goods reported the following data at July 31, 2021, with amounts in thousands:...
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Blue Bird Sporting Goods reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirements. 1. Calculate Blue Bird's net working capital. (Click the icon to view the statement of retained earnings.) Data table Blue Bird Sporting Goods Company Balance Sheet July 31, 2021 (Amounts in thousands) = Net working capital Assets = Current: Cash $ 43,100 Accounts receivable 28,200 Inventories 34,000 4,700 - Data table Other current assets Data table Total current assets 110,000 Property and equipment, net 19,300 Blue Bird Sporting Goods Company Statement of Retained Earnings Year Ended July 31, 2021 Blue Bird Sporting Goods Company Income Statement Year Ended July 31, 2021 24,300 Other assets $ 153,600 Total assets Liabilities (Amounts in thousands) (Amounts in thousands) Total current liabilities $ 52,600 Net revenues $ 175,500 Retained earnings, July 31, 2020 $ 36,000 Long-term liabilities 25,600 Cost of goods sold 137,600 14,900 Add: Net income 23,000 Total liabilities 78,200 $ 50,900 All other expenses Retained earnings, July 31, 2021 $ 14,900 Net income Stockholders' Equity Common stock Print Done Print Done 24,500 50,900 Retained earnings 75,400 Total stockholders' equity $ 153,600 Total liabilities and stockholders' equity Blue Bird Sporting Goods reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) Read the requirements. 1. Calculate Blue Bird's net working capital. (Click the icon to view the statement of retained earnings.) Data table Blue Bird Sporting Goods Company Balance Sheet July 31, 2021 (Amounts in thousands) = Net working capital Assets = Current: Cash $ 43,100 Accounts receivable 28,200 Inventories 34,000 4,700 - Data table Other current assets Data table Total current assets 110,000 Property and equipment, net 19,300 Blue Bird Sporting Goods Company Statement of Retained Earnings Year Ended July 31, 2021 Blue Bird Sporting Goods Company Income Statement Year Ended July 31, 2021 24,300 Other assets $ 153,600 Total assets Liabilities (Amounts in thousands) (Amounts in thousands) Total current liabilities $ 52,600 Net revenues $ 175,500 Retained earnings, July 31, 2020 $ 36,000 Long-term liabilities 25,600 Cost of goods sold 137,600 14,900 Add: Net income 23,000 Total liabilities 78,200 $ 50,900 All other expenses Retained earnings, July 31, 2021 $ 14,900 Net income Stockholders' Equity Common stock Print Done Print Done 24,500 50,900 Retained earnings 75,400 Total stockholders' equity $ 153,600 Total liabilities and stockholders' equity
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