1. 

After-class Task #2 #2 The Big Shoppe Balance Sheet, 2009 and 2010 Common Size Statements 2009 2010 Common Size Analysis 2009 2010 1. 2. Create common size income statements and balance sheets for The Big Shoppe. Interpret your results. The Big Shoppe Income Statement, 2009 and 2010 2009 2010 Common Size Analysis 2009 2010 Assets Cash Receivables (net) Inventory Other Total current assets Plant, prop. & equip. Less accum depr. Net plant, prop. & equip Other assets Total assets $137,296 49,325 509,022 17.931 $713,574 963,619 (84.889) $878,730 $135,381 38,933 381,452 10.474 $566,240 568,690 (54.250) $514,440 47,199 $1.639.503 36.854 $1.117534 Net sales Cost of goods sold Gross profit Operating expenses General & Admin Preopening expense Net operating profit Interest expense (net) Earnings before taxes Income taxes Net income $3,815,356 2.751,085 $1,064,271 693,657 91,664 13 315 $265,635 5.807 $259,828 96.400 $163428 $2,758,535 1,991,777 $766,758 504,363 67,901 9.845 $184,649 2.634 $182,015 70.061 $111.954 Liabilities $235,267 166,734 $10.706 $412,707 $530,774 $12,620 $172,876 118,066 $1.447 $292,389 $302,901 $10,115 Accounts payable Accrued liabilities Other current liabilities Total current liabilities Long-term debt Capital lease oblia Stockholders' equity Retained earnings Paid-in-capital Other Total stkhus' equity Total liabilities & equity $439,770 264,301 (20.669 $683.402 $1.639.503 $289, 177 233,458 (10.506) $512.129 $1.117.534 1 Frank J. Fabozzi Investment Management, 2nd edition, Prentice-Hall, 1995