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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); Feb. 26, 2013 Feb. 27, 2012 Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets $113,756 $12,848 100,593 68.342 1,212,105 449,983 26.303 17692 Total Current Assets 1,452,757 548,865 Property and Equipment (ne 328,175 227,596 Other Assets 28,804 Total Assets $1,809,736 13,993 $790,454 Current Liabilities $763,853 $334,809 Long-Term abilities 454,141 127,537 Total Liabilities 1.217.994 462,346 Common Stock Additional Paid-in-Capital 3,965 2,068 425,768 246,871 Retained Earnings 162,009 79,169 Total Stockholders' Equity 591,742 328,108 Total Liabilities and Stockholders' Equity $1,309,736 $790,454 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 $113,756 100,593 $12,848 $ 68,342 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 $113,756 100,593 $12,848 $ 8 68,342 % Merchandise Inventories 1,212,105 449,983 96 Other Current Assets 26,303 17,692 * Total Current Assets 1,452,757 548,865 Property and Equipment (net) 328,175 227,596 Other Assets 28,804 13,993 L L % % 96 Total Assets $1,809,736 $790,454 $ % Liabilities Current Liabilities $763,853 $334,809 $ % Long-Term liabilities 454,141 127,537 % Total Liabilities 1,217,994 462,346 % Stockholders' Equity Common Stock Additional Paid-in-Capital 3,965 2,068 % 425,768 246,871 96 Retained Earnings 162,009 79,169 90 Total Stockholders' Equity 591,742 328,108 % Total Liabilities and Stockholders' Equity $1,809,736 $790,454 $ 96

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