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8. (10 pts.) See below the balance sheet (assets only) of Darden Restaurants Inc. for 2016 and 2017. Run horizontal analysis on this balance sheet

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8. (10 pts.) See below the balance sheet (assets only) of Darden Restaurants Inc. for 2016 and 2017. Run horizontal analysis on this balance sheet and pick three line items (accounts) and explain how they changed. Darden Restaurants Inc. Balance Sheet (All numbers in thousands) 5/28/17 5/29/16 Period Ending Current Assets Cash and Cash Equivalents Net Receivables Inventory Other Current Assets Total Current Assets Property Plant and Equipment Goodwill Other Intangible Assets Other Assets Total Assets 233,100 287,700 178,900 100,100 799,800 2,272,300 1,201,700 950,200 280,200 5,504,200 274,800 227,300 175,400 142,800 820,300 2,041,600 872,300 574,600 273,800 4,582,600

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