Question: Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc. (amounts in thousands): Current Year Prior Year Cash and cash equivalents

Comparative Balance Sheets

Consider the following balance sheet data for Great Buy Co., Inc. (amounts in thousands):

Current Year Prior Year
Cash and cash equivalents $104,776 $11,421
Accounts receivables 92,652 60,749
Merchandise inventories 1,116,413 399,986
Other current assets 24,227 15,726
Current Assets 1,338,068 487,882
Property and equipment (net) 291,040 195,985
Other assets 25,545 12,050
Total Assets $1,654,653 $695,917
Current Liabilities $703,549 $297,608
Long-term liabilities 418,289 113,366
Total Liabilities 1,121,838 410,974
Common stock 3,517 1,781
Additional paid-in-capital 377,590 212,584
Retained earnings 151,708 70,578
Total Stockholders Equity 532,815 284,943
Total Liabilities and Stockholders Equity $1,654,653 $695,917

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

Great Buy Co., Inc.
Comparative Balance Sheets
(Thousands of Dollars)
Increase Percent
Current Year Prior Year (Decrease) Change
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
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 & Stockholders Equity Answer Answer Answer Answer

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