Consider the following balance sheet data for Great Buy Co . , Inc., an electronics and major
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Question:
Consider the following balance sheet data for Great Buy Co Inc., an electronics and major appliance retailer, at February and February amounts in thousands:
Feb. Feb.
Cash and Cash Equivalents $ $
Accounts Receivables
Merchandise Inventories
Other Current Assets
Total Current Assets
Property and Equipment net
Other Assets
Total Assets $ $
Current Liabilities $ $
LongTerm liabilities
Total Liabilities
Common Stock
Additional PaidinCapital
Retained Earnings
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity $ $
Prepare commonsize balance sheets for each year use total assets as the base amount for computing percentages Round percentages to one decimal point. Compute percentages for each "Total" below. Do not add prior percentage amounts to arrive at Totals.
GREAT BUY COMPANY, INC.
CommonSize Balance Sheets
Percentage of Total Assets
Yearended
Feb. Common
Size Yearended
Feb. Common
Size
Assets
Current Assets
Cash and Cash Equivalents $ $
Accounts Receivables
Merchandise Inventories
Other Current Assets
Total Current Assets
Property and Equipment net
Other Assets
Total Assets $ $
Liabilities
Current Liabilities $ $
LongTerm liabilities
Total Liabilities
Stockholders' Equity
Common Stock
Additional PaidinCapital
Retained Earnings
Total Stockholders Equity
Total Liabilities and Stockholders Equity $ $
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
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