You were given the balance sheet from Company A and the calculation for the percentage change of the balance sheet from 2002 to 2006:

 

Fiscal Year	2006	2005	2004	2003	2002
Assets
Cash and Marketable Securities	$614	$807	$2,165	$2,852	$2,253
Receivables	3,223	2,396	1,499	1,097	1,072
Inventories	12,822	11,401	10,076	9,076	8,338
Other Current Assets	1,341	665	533	303	254
Total Current Assets	$18,000	$15,269	$14,273	$13,328	$11,917
Property, Plant, and Equip.,net	26,605	24,901	22,726	20,063	17,168
Goodwill	6,314	3,684	1,412	833	575
Other Assets	1,344	551	609	213	351
Total Assets	$52,263	$44,405	$39,020	$34,437	$30,011
Liabilities and Equity
Accounts Payable	$7,356	$6,032	$5,766	$5,159	$4,560
Accrued expense	1,295	3,311	2,971	2,430	2,243
Deferred revenue	1,634	1,757	1,546	1,281	998
Other current liabilities	2,646	1,801	172	684	234
Total current liability	$12,931	$12,901	$10,455	$9,554	$8,035
Noncurrent long-term debt	11,643	2,672	2,148	856	1,321
Other long-term debt	2,969	2,194	2,378	1,634	708
Common stock	8,051	7,407	6,769	6,303	5,976
Retained earnings	33,052	28,943	23,962	19,680	15,971
Treasury stock	-16,383	-9,712	-6,692	-3,590	-2,000
Total Equity	24,720	26,638	24,039	22,393	19,947
Total liabilities and equity	$52,263	$44,405	$39,020	$34,437	$30,011

 

Percentage Change Balance Sheets
	2006	2005	2004	2003
Assets
Cash and marketable securities	-23.9%	-62.7%	-24.1%	26.6%
Receivables	34.5%	59.8%	36.6%	2.3%
Inventories	12.5%	13.2%	11.0%	8.9%
Other current assets	101.7%	24.8%	75.9%	19.3%
Property, plant, and equip., net	6.8%	9.6%	13.3%	16.9%
Goodwill	71.4%	160.9%	69.5%	44.9%
Other assets	143.9%	-9.5%	185.9%	-39.3%
Total assets	17.7%	13.8%	13.3%	14.7%
Liabilities and Equity
Accounts payable	21.9%	4.6%	11.8%	13.1%
Accrued expenses	-60.9%	11.4%	22.3%	8.3%
Deferred revenue	-7.0%	13.6%	20.7%	28.4%
Other current liabilities	46.9%	947.1%	-74.9%	192.3%
Noncurrent long-term debt	335.7%	24.4%	150.9%	-35.2%
Other long-term liabilities	35.3%	-7.7%	45.5%	130.8%
Common stock	8.7%	9.4%	7.4%	5.5%
Retained earnings	14.2%	20.8%	21.8%	23.2%
Treasury stock	68.7%	45.1%	86.4%	79.5%
Total liabilities and equity	17.7%	13.8%	13.3%	14.7%

Required:

1) Write an in-depth firm performance evaluation in detail based on the percentage change - showcasing important percentage change figures and its implication on the company's financial performance.

Answer rating: 100% (QA)

1 Asset Performance Total Assets Company A experienced consistent growth in total assets from 2002 to 2006 with a 177 increase in 2006 This indicates the companys ability to expand its asset base and ... View the full answer