Question
Answer the following accord to the link below. www.footlocker-inc.com/ns/pdfs/2016/annual-report/ 1. Foot Locker's most recent income statement is: a. for the year ended January 28, 2017.
Answer the following accord to the link below.
www.footlocker-inc.com/ns/pdfs/2016/annual-report/
1. Foot Locker's most recent income statement is:
| a. | for the year ended January 28, 2017. |
| b. | at January 28, 2017. |
| c. | for the year ended December 31, 2016. |
| d. | at December 31, 2016. |
2. For the most recent reporting period, how much did Foot Locker's total revenues exceed its total expenses?
| a. | $7,766 million |
| b. | $6,762 million |
| c. | $5,130 million
|
| d. | $664 million |
3. At the most recent balance sheet date, Foot Locker's basic accounting equation was (in millions):
Assets $3,840 = Liabilities $2,710 + Stockholders' Equity $1,130
| a. | True. |
| b. | False. |
4. How much did Foot Locker have in total resources at the most recent balance sheet date (in millions)?
| a. | $3,840 |
| b. | $1,046 |
| c. | $3,775 |
| d. | $2,633 |
5. The total amount Foot Locker owed its creditors at the most recent balance sheet date was (in millions):
| a. | $612 |
| b. | $1,130 |
| c. | $1,222 |
| d. | $249 |
6. At the most recent balance sheet date, shareholder claims to Foot Locker's resources totaled (in millions):
| a. | $3,840. |
| b. | $2,710. |
| c. | $2,553. |
| d. | $2,254. |
7. Foot Locker's most recent balance sheet is:
| a. | at January 30, 2016. |
| b. | at January 28, 2017. |
| c. | for the year ended January 28, 2017. |
| d. | for the year ended January 30, 2016. |
8. How much was Foot Locker's retained earnings account decreased for dividends during the most recent reporting period (in millions)?
| a. | $1,445
|
| b. | $139 |
| c. | $664 |
| d. | $147 |
9. For the most recent reporting period, cash provided by Foot Locker's primary business activity was (in millions):
| a. | $1,046 |
| b. | $529 |
| c. | $816 |
| d. | $216 |
10. Foot Locker is incorporated in:
| a. | Ohio. |
| b. | Delaware |
| c. | New York. |
| d. | Florida. |
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