Identify the dollar amounts of Circuit Citys 2005 assets, liabilities, and equity shown in its statements in
Question:
Identify the dollar amounts of Circuit City’s 2005 assets, liabilities, and equity shown in its statements in aty Appendix A near the end of the book.
Appendix A:
Transcribed Image Text:
A Current Assets Cash and cash equivalen Short-term investments Receivables Merchandise inventories Other current assets Tok current asich Property and Equipment Land and buildings February 26 February 28, 2005 2004 $ 245 2.355 470 2,878 375 343 2851 2,607 329 174 6,903 5,724 506 484 Leasehold improvement 1,139 861 Fixtures and equipment 2.458 2,151 Property under master and capital lease 89 78 4.192 3,574 less accumulated depreciation 1,728 1,330 Net property and equipment 2,464 2,244 Goodwill Tradename Long-Term Investments Other Assets Total Assets Liabilities and Shareholders' Equity Current Liabilities Accounts payable 513 477 40 37 148 226 170 $10,294 $8.652 Unredeemed gift card liabilises Accrued compensation and related expenses Accrued liabilities Accrued income taxes Current portion of long-term debt Total current lobites Long-Term Liabilities Long-Term Debt Shareholders' Equity Preferred stock, $1.00 par value: Authorized-400,000 shares haud and outstanding-none Common stock. $.10 por value: Authorized-1 billion shares: hoved and outstanding -328,342,000 and 324,648,000 shares, respectively Additional paid in capitol Retained earnings Accumulated other comprehensive income Total shareholders' equity Total Liabilities and Shareholders' Equity $ 2,824 $2,460 410 300 234 269 844 724 575 380 72 368 4,959 4,501 358 247 528 482 33 32 952 836 3,315 2,468 149 86 4,449 3,422 $10,294 $8.652
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Related Book For
College Accounting Ch 1-14
ISBN: 9781260904314
1st Edition
Authors: John Wild, Vernon Richardson, Ken Shaw
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