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BJ's Wholesale Corporation operates more than 590 membership warehouses and employs more than 164,000 people. Its annual report included the following items at August
BJ's Wholesale Corporation operates more than 590 membership warehouses and employs more than 164,000 people. Its annual report included the following items at August 31, 2011 (in millions of dollars): (Click the icon to view the data.) Requirement 1. Prepare a condensed balance sheet including amounts for the following: a. Inventory b. Total stockholders' equity c. Total liabilities Data table Accrued liabilities Cash and cash equivalents Total stockholders' equity Total liabilities Long-term debt Total revenues Accounts receivable Common stock Inventories Accounts payable Property, net of accumulated depreciation Retained earnings Other assets Other liabilities Other stockholders' equity Total assets 6A 2,073 4,033 b 1,211 88,701 993 4,530 a 6,596 12,788 7,568 2,744 4,255 947 27,180 I
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Condensed Balance Sheet as of August 31 2011 in millions of dollars Assets Cash and Cash Equivalents 2073 million Accounts Receivable 1211 million Inventories a To be calculated Other Current Assets c ...Get Instant Access to Expert-Tailored Solutions
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