BJ's Wholesale Corporation operates more than 590 membership warehouses and employs more than 164,000 people. Its...

 

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BJ's Wholesale Corporation operates more than 590 membership warehouses and employs more than 164,000 people. Its annual report included the following items at August 31, 2011 (in millions of dollars): (Click the icon to view the data.) Requirement 1. Prepare a condensed balance sheet including amounts for the following: a. Inventory b. Total stockholders' equity c. Total liabilities Data table Accrued liabilities Cash and cash equivalents Total stockholders' equity Total liabilities Long-term debt Total revenues Accounts receivable Common stock Inventories Accounts payable Property, net of accumulated depreciation Retained earnings Other assets Other liabilities Other stockholders' equity Total assets 6A 2,073 4,033 b с 1,211 88,701 993 4,530 a 6,596 12,788 7,568 2,744 4,255 947 27,180 I BJ's Wholesale Corporation operates more than 590 membership warehouses and employs more than 164,000 people. Its annual report included the following items at August 31, 2011 (in millions of dollars): (Click the icon to view the data.) Requirement 1. Prepare a condensed balance sheet including amounts for the following: a. Inventory b. Total stockholders' equity c. Total liabilities Data table Accrued liabilities Cash and cash equivalents Total stockholders' equity Total liabilities Long-term debt Total revenues Accounts receivable Common stock Inventories Accounts payable Property, net of accumulated depreciation Retained earnings Other assets Other liabilities Other stockholders' equity Total assets 6A 2,073 4,033 b с 1,211 88,701 993 4,530 a 6,596 12,788 7,568 2,744 4,255 947 27,180 I

Answer rating: 100% (QA)

Condensed Balance Sheet as of August 31 2011 in millions of dollars Assets Cash and Cash Equivalents 2073 million Accounts Receivable 1211 million Inventories a To be calculated Other Current Assets c ... View the full answer