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Can someone show me how to find these? Thanks Common-Size Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics
Can someone show me how to find these? Thanks
Common-Size Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retailer, at February 26, 2013 and February 27, 2012 (amounts in thousands): Feb. 26, 2013 Feb. 27, 2012 , , Cash and Cash Equivalents $66,872 $14,138 $ Accounts Receivables 59,944 44,968 Merchandise Inventories 644,950 256,991 Other Current Assets 13,844 9,829 Total Current Assets 785,610 325,926 Property and Equipment (net) 172,724 126,442 Other Assets 15,160 7,774 Total Assets $973,494 $460,142 Current Liabilities $409,028 $ 193,005 Long-Term liabilities 246,022 77,854 Total Liabilities 655,050 270,859 Common Stock 2,087 1,149 Additional Paid-in-Capital 231,089 144,151 Retained Earnings 85,268 43,983 Total Stockholders' Equity 318,444 189,283 Total Liabilities and Stockholders' Equity $973,494 $ $460,142 Prepare common-size balance sheets for each year (use total assets as the base amount for computing percentages). Round percentages to one decimal point. Compute percentages for each "Total" below. Do not add prior percentage amounts to arrive at Totals. . Year-ended Feb. 27, 2012 Common- Size 3.1 % $14,138 44,968 256,991 9,829 325,926 9.8% 55.9% 2.1 % 70.8 % GREAT BUY COMPANY, INC. Common-Size Balance Sheets (Percentage of Total Assets) Year-ended Common- Feb. 26, 2013 Size Assets Current Assets Cash and Cash Equivalents $66,872 6.9 % Accounts Receivables 59,944 6.2 % Merchandise Inventories 644,950 66.3% Other Current Assets 13,844 1.4% Total Current Assets 785,610 80.7% Property and Equipment (net) 172,724 17.7 % Other Assets 15,160 1.6 % Total Assets $973,494 100% Liabilities Current Liabilities $409,028 42% Long-Term liabilities 246,022 25.3 % Total Liabilities 655,050 67.3 % % Stockholders' Equity Common Stock 2,087 0.2% Additional Paid-in-Capital 231,089 23.7 % Retained Earnings 85,268 8.8% Total Stockholders' Equity 318,444 32.7 % Total Liabilities and Stockholders' Equity $973,494 100% 126,442 7,774 $460,142 27.5 % 1.7 % 100 % $ 193,005 77,854 41.9% % 16.9% 58.9% 270,859 1,149 144,151 43,983 0.2% 31.3% 9.6 % 41.1 % 189,283 $460,142 0% XStep by Step Solution
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