Question: Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retailer, at February 26, 2013 and

Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retailer, at February 26, 2013 and February 27, 2012 (amounts in thousands):

Feb. 26, 2013 Feb. 27, 2012
Cash and Cash Equivalents $77,834 $8,566
Accounts Receivables 68,827 45,562
Merchandise Inventories 829,335 299,989
Other Current Assets 17,997 11,795
Total Current Assets 993,993 365,912
Property and Equipment (net) 224,541 151,730
Other Assets 19,708 9,329
Total Assets $1,238,242 $526,971
Current Liabilities $522,636 $223,206
Long-Term liabilities 310,729 85,025
Total Liabilities 833,365 308,231
Common Stock 2,713 1,379
Additional Paid-in-Capital 291,316 164,581
Retained Earnings 110,848 52,780
Total Stockholders' Equity 404,877 218,740
Total Liabilities and Stockholders' Equity $1,238,242 $526,971

Prepare a comparative balance sheet, showing increases in dollars and percentages. Round percentages to one decimal point.

GREAT BUY COMPANY, INC. Comparative Balance Sheets (Thousands of Dollars)
Feb. 26, 2013 Feb. 27, 2012 Increase (Decrease) Percent Change
Assets
Current Assets
Cash and Cash Equivalents $Answer $Answer $Answer Answer%
Accounts Receivables Answer Answer Answer Answer%
Merchandise Inventories Answer Answer Answer Answer%
Other Current Assets Answer Answer Answer Answer%
Total Current Assets Answer Answer Answer Answer%
Property and Equipment (net) Answer Answer Answer Answer%
Other Assets Answer Answer Answer Answer%
Total Assets $Answer $Answer $Answer Answer%
Liabilities
Current Liabilities $Answer $Answer $Answer Answer%
Long-Term liabilities Answer Answer Answer Answer%
Total Liabilities Answer Answer Answer Answer%
Stockholders' Equity
Common Stock Answer Answer Answer Answer%
Additional Paid-in-Capital Answer Answer Answer Answer%
Retained Earnings Answer Answer Answer Answer%
Total Stockholders' Equity Answer Answer Answer Answer%
Total Liabilities and Stockholders' Equity $Answer $Answer $Answer Answer%

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