Using either the most current Form 10-K for AutoZone, Inc. or the companys annual report, answer the

Question:

Using either the most current Form 10-K for AutoZone, Inc. or the company’s annual report, answer the following questions. To obtain the Form 10-K, either use the EDGAR system (following the instructions in Appendix A), or the company’s website. The company’s annual report is available on its website.

Required
a. What is AutoZone’s current ratio?
b. Which of AutoZone’s current assets had the largest balance?
c. What percentage of AutoZone’s total assets consisted of current assets?
d. If AutoZone were a company that manufactured auto parts rather than a retailer of auto parts, how do you think its balance sheet would be different?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...

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