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): Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Total Current Assets Property and Equipment (net) Other Assets Total Assets Current Liabilities Long-Term liabilities Total Liabilities Common Stock Additional Paid-in-Capital Retained Earnings Total Stockholders' Equity ' Total Liabilities and Stockholders' Equity Feb. 26, 2013 Feb. 27, 2012 $59.872 $7,138 52.944 37.968 637.950 249,991 13,844 9,829 764,610 304,926 172.724 126,442 15,160 7,774 $952,494 $439,142 $402,028 $186,005 239,022 70,854 641,050 256,859 2,087 1,149 224,089 137,151 85,268 43,983 311,444 182,283 $952,494 $439,142 Prepare a comparative balance sheet, showing increases in dollars and percentages. Note: Round "Percent Change" answers to one decimal place (ex: 0.2345 = 23.5%). GREAT BUY COMPANY, INC. Comparative Balance Sheets (Thousands of Dollars) Increase Percent Feb. 26, 2013 Feb. 27, 2012 (Decrease) Change Assets Current Assets Cash and Cash Equivalents $59,872 $7,138 $ 0 0 % Accounts Receivables 52.944 37.968 0 0 % 0 % Merchandise Inventories 637.950 249,991 0 0 0 % Other Current Assets 13,844 9,829 0 0 0 % Total Current Assets 764,610 304,926 0 0 0 % Property and Equipment (net) 172,724 126,442 0 0 0 % Other Assets 15,160 7.774 0 09 Total Assets $952,494 $439,142 $ 0 0 0 % Liabilities Current Liabilities $402,028 $186,005 $ 0 0% Long-Term liabilities 239,022 70,854 0 0 0 % Total Liabilities 641,050 256,859 0 0 0 % Stockholders' Equity Common Stock 2,087 1,149 0 09 Additional Paid-in-Capital 224,089 137.151 0 0 0 % 0 Retained Earnings 85,268 43,983 0 0 % Total Stockholders' Equity 311,444 182,283 0 0 % Total Liabilities and Stockholders' Equity $952,494 $439,142 $ 0 0 %
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