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Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retailer, at February 26, 2013 and

image text in transcribedimage text in transcribed Comparative 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): Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Feb. 26, 2013 Feb. 27, 2012 $101,782 90,004 $11,420 1,084,515 60,748 399,985 23534 15.726 Total Current Assets 1,299,835 487,879 Property and Equipment (net) 293.630 202,307 Other Assets 25,772 12,438 Total Assets $1,619,237 $702,624 Current Liabilities $683,447 $297,608 Long-Term liabilities Total Liabilities Common Stock 406.337 113,366 1,089,784 410,974 3547 1,837 Additional Paid-in-Capital 380,951 219441 Retained Earnings 144,955 70.372 Total Stockholders Equity 529,453 291,650 Total Liabilities and Stockholders' Equity $1,619,237 $702.624 Prepare a comparative balance sheet, showing increases in dollars and percentages. Note: Round "Percent Change" answers to one decimal place (ex: 0.2345-23.5%). GREAT BUY COMPANY, INC. Comparative Balance Sheets (Thousands of Dollars) Increase Percent Feb. 26, 2013 Feb. 27, 2012 (Decrease) Change Assets Current Assets Cash and Cash Equivalents Accounts Receivables $101,782 90,004 $11.420 5 60,748 Merchandise Inventories 1.084515 399,985 Other Current Assets 21534 15726 Prepare a comparative balance sheet, showing increases in dollars and percentages. Note: Round "Percent Change" answers to one decimal place (ex: 0.2345 = 23.5%). GREAT BUY COMPANY, INC. Comparative Balance Sheets (Thousands of Dollars) Assets Current Assets Increase Percent Feb. 26, 2013 Feb. 27, 2012 (Decrease) Change Cash and Cash Equivalents $101,782 $11,420 $ Accounts Receivables 90,004 60,748 Merchandise Inventories 1,084,515 399,985 % Other Current Assets 23,534 15,726 % Total Current Assets 1,299,835 487,879 %6 Property and Equipment (net) 293,630 202,307 % Other Assets 25,772 12,438 % Total Assets: $1,619,237 $702,624 $ Liabilities Current Liabilities $683,447 Long-Term liabilities 406,337 $297,608 $ 113,366 96 Total Liabilities 1,089,784 410,974 96 % Stockholders' Equity Common Stock 3,547 1,837 % Additional Paid-in-Capital 380,951 219,441 96 Retained Earnings 144,955 70,372 96 Total Stockholders' Equity 529,453 291,650 96 Total Liabilities and Stockholders' Equity $1,619,237 $702,624 $ 96

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