Question: Given the following financial statement information for Cracker Barrel. In addition to common-size financial statements, common base year financial statements are often used. Common base

Given the following financial statement information for Cracker Barrel. In addition to common-size financial statements, common base year financial statements are often used. Common base year statements are constructed by dividing the current year account value by the base year account value. Using financial statements, calculate the common base year value for total current assets in FY2019 assuming a base year of FY2018. (Round to 4 decimals)

Given the following financial statement information for Cracker Barrel. In addition to

Income Statement Sales Cost of Revenue Selling, General, and Admin Depreciation EBIT Interest EBT Taxes Net Income Addition to Retained Earnings Dividends FY2019 3,071,951,000 2,529,281,000 152.826,000 107,000,000 282,844,000 16,488,000 266,356,000 42,955,000 223,401,000 17,245,000 206,156,000 Cash and Cash Equivalents Inventories Accounts Receivables Other Current Assets Total Current Assets Net Property, Plant and Equipment Total Assets FY2018 114,656,000 156,253,000 19.496,000 16,347,000 306,752,000 1,220,603,000 1 1,527,355,000 FY2019 36,884,000 154,958,000 32.206,000 18,332,000 242,380,000 1,338,845,000 1,581,225,000 Shares Outstanding Price per share 24,011,550 105 Accounts Payable Provisions for Employee Entitlements Deferred Customer Advances Other Current Liabilities Total Current Liabilities Long-term Debt Total Liabilities Common Stock Accumulated Retained Earnings Total Shareholder Equity Total L and E 190,518,000 85,978,000 76,292,000 11,831,000 364,619,000 580,955,000 945,574,000 44,289,000 537,492,000 581,781,000 1,527,355,000 202,561,000 92,806,000 81,734,000 15,373,000 392,474,000 584,041,000 976,515,000 49,973,000 554.737,000 604,710,000 1,581.225.000

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