Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

analyze the changes of increase and secretion in the following balance sheet. Increase or (Decrease) during 2021 2020 2021 Amount Percent RMB million RMB million

analyze the changes of increase and secretion in the following balance sheet.

Increase or

(Decrease) during 2021

2020

2021

Amount

Percent

RMB million

RMB million

RMB million

current assets

Cash and cash equivalents

$42,122

$36,220

($5,902)

14%

Marketable securities

42,274

59,829

17,555

41.5%

inventory

23,795

32,640

8,845

37.1%

Accounts receivable, net and other

24,542

32,891

8,349

34%

Total current asset

$132,733

$161,580

$28,847

22.7%

Property and equipment, net

113,114

160,281

47,167

41.7%

Operating leases

37,553

15,371

(22182)

59%

Goodwill

15,017

15,371

354

2.3%

Other assets

22,778

27,235

4457

19.6%

Total assets

$321,195

$420,549

$29,796

9.2%

Liabilities and

Stockholders

Equity

Current liabilities

Accounts payable

$72,539

$78,664

6125

8.4%

Accrued expenses and other

44,138

51,775

7637

17.3%

Unearned revenue

9,708

11,827

2119

21.8%

Total current liabilities

$126,385

$142,266

$15881

12.5%

Long-term lease liabilities

52,573

67,651

15,078

28.7%

Long-term debt

31,816

48,744

16928

53.2%

Other long-term liabilities

17,017

23,643

6626

38.9%

Current liabilities

Stockholders equity:

Preferred stock, $0.01 par value:

Authorized shares 500

Issued and outstanding shares none

Common stock, $0.01 par value:

Authorized shares 5,000

Issued shares 527 and 532

Outstanding shares 503 and 509

5

5

0

0%

Treasury stock, at cost

(1,837)

(1837)

0

0%

Additional paid-in capital

42,865

55,538

12674

29.6%

Accumulated other comprehensive income (loss)

(180)

(1,376)

(1196)

644.4%

Retained earning

52,551

85,915

33,364

63.5%

Total stockholders equity

$93,404

$138,245

$44,841

48%

Total liabilities and stockholders equity

$321,195

$420,549

$99,354

30.9%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

7th Edition

978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018

More Books

Students also viewed these Accounting questions