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Common-Size Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retaller (amounts in thousands): Cash and
Common-Size Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retaller (amounts in thousands): Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Total Current Assets Property and Equipment (net) Other Assets Total Assets Current Liabilities Long-Term liabilities Total Liabilities Common Stock Additional Paid-in-Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Assets Current Assets Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Total Current Assets 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. Property and Equipment (net) Other Assets Total Assets Liabilities Current Liabilities Long-Term liabilities Total Liabilities Stockholders Equity Common Stock Current Year Previous Year $60,872 $8,138 53,944 38.968 638,950 250.991 13,844 767,610 172,724 15,160 $955,494 $402,028 239,022 641,050 Additional Paid-in-Capital Retained Earnings 3,087 225,089 86,268 314,444 $955,494 Total Stockholders' Equity Total Liabilities and Stockholders' Equity GREAT BUY COMPANY, INC. Common-Size Balance Sheets (Percentage of Total Assets) Current Year $60,872 53,944 638,950 13,844 767,610 172,724 15,160 $955,494 9,829 307.926 126,442 7,774 $402,028 239,022 641.050 $442,142 $186,005 70,854 256,859 2,149 138,151 44,983 185,283 $442,142 3,087 225.089 86,268 314,444 Common- Size 0% 0% 10% 0% 0% 0 % 0% 0% 0% 0% 0.96 0.% 0% 0% 0% $955.4940% Previous Year $8,138 38,968 250,991 9.829 307,926 126,442 7.774 5442,142 $186.005 70,854 256,859 2.149 138,151 44,983 185.283 5442,142 Common- Size 096 0% 0% 0% 0% 10% 0% 10% 0% 0% 0% 0% 0% 0% 0% 100% Common-Stze Balance Sheets Consider the following balance sheet data for Great Buy Co, Inc, an eiectronics and major appliance retaller (amounts in thousands): Prepare common-size balance sheess for each yesr (use total assets as the buse amount for computing percentages) Round percentages to one decimal point. Compute gercentoges for each "Tosel" below. Do not add prior percentase amounts top arrive ar Totals Common-Stze Balance Sheets Consider the following balance sheet data for Great Buy Co, Inc, an eiectronics and major appliance retaller (amounts in thousands): Prepare common-size balance sheess for each yesr (use total assets as the buse amount for computing percentages) Round percentages to one decimal point. Compute gercentoges for each "Tosel" below. Do not add prior percentase amounts top arrive ar Totals
Common-Size Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retaller (amounts in thousands): Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Total Current Assets Property and Equipment (net) Other Assets Total Assets Current Liabilities Long-Term liabilities Total Liabilities Common Stock Additional Paid-in-Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Assets Current Assets Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Total Current Assets 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. Property and Equipment (net) Other Assets Total Assets Liabilities Current Liabilities Long-Term liabilities Total Liabilities Stockholders Equity Common Stock Current Year Previous Year $60,872 $8,138 53,944 38.968 638,950 250.991 13,844 767,610 172,724 15,160 $955,494 $402,028 239,022 641,050 Additional Paid-in-Capital Retained Earnings 3,087 225,089 86,268 314,444 $955,494 Total Stockholders' Equity Total Liabilities and Stockholders' Equity GREAT BUY COMPANY, INC. Common-Size Balance Sheets (Percentage of Total Assets) Current Year $60,872 53,944 638,950 13,844 767,610 172,724 15,160 $955,494 9,829 307.926 126,442 7,774 $402,028 239,022 641.050 $442,142 $186,005 70,854 256,859 2,149 138,151 44,983 185,283 $442,142 3,087 225.089 86,268 314,444 Common- Size 0% 0% 10% 0% 0% 0 % 0% 0% 0% 0% 0.96 0.% 0% 0% 0% $955.4940% Previous Year $8,138 38,968 250,991 9.829 307,926 126,442 7.774 5442,142 $186.005 70,854 256,859 2.149 138,151 44,983 185.283 5442,142 Common- Size 096 0% 0% 0% 0% 10% 0% 10% 0% 0% 0% 0% 0% 0% 0% 100%
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