Question: problem 2D- create a common size balance sheet for each firm for the last 2 years. (in thousands, except per share amounts) December 25, 2021

problem 2D- create a common size balance sheet for each firm for the last 2 years.

 problem 2D- create a common size balance sheet for each firm

for the last 2 years. (in thousands, except per share amounts) December

(in thousands, except per share amounts) December 25, 2021 December 26, 2020 ASSETS Current assets: Cash and cash equivalents Inventories Prepaid expenses and other current assets Income taxes receivable Total current assets 1,341,756 1,783,270 133,659 Property and oquipment, net Operating Icasc right-of-use assets Goodwill and other intangible assets Deferred income taxes Other assets Total assets 878,030 2,191,192 164,118 17,100 3,250,440 1,617,806 2,785,858 55,520 2,437 55,406 7,767,467 $ 3,258,685 1,248,960 2,423,881 55,520 31,586 30,484 7,049,116 $ $ LIABILITIES AND STOCKHOLDERS EQUITY Current liabilities: Accounts payable Accrued employee compensation Other accrued expenses Current portion of finance lease liabilities Current portion of operating lease liabilities Income taxes payable Total current liabilities 1,155,630 $ 109,618 474,412 3,897 321,285 976,096 119.701 324,813 4,554 298,696 19,938 1,743,798 2,064,842 986,382 32,848 2,574,882 105,848 5,764,802 984,324 33,096 2,220,904 143, 154 5,125,276 Long-term debt Finance lcasc liabilities, less current portion Operating Icase liabilities, less current portion Other long-term liabilities Total liabilitics Stockholders' equity: Common stock Additional paid-in capital Treasury stock Accumulated other comprchensive incomc/(loss) Retained carnings Total stockholders cquity Total liabilities and stockholders equity 1,411 1,210,512 (4,155,846) 1,345 4,945,243 2,002,665 S 7,767,467 1,401 1,095,500 (3,356,953) (3.243) 4,187,135 1,923,840 7,049,116 S TV For 2d: The common size balance sheet puts everything as a percent of total assets. You will have two columns of numbers and two columns of percentages We did this with Target in the chapter 6 outline

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!