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Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc. (amounts in thousands): Current Year Prior Year Cash and cash equivalents
Comparative Balance Sheets
Consider the following balance sheet data for Great Buy Co., Inc. (amounts in thousands):
Current Year | Prior Year | |
---|---|---|
Cash and cash equivalents | $104,776 | $11,421 |
Accounts receivables | 92,652 | 60,749 |
Merchandise inventories | 1,116,413 | 399,986 |
Other current assets | 24,227 | 15,726 |
Current Assets | 1,338,068 | 487,882 |
Property and equipment (net) | 291,040 | 195,985 |
Other assets | 25,545 | 12,050 |
Total Assets | $1,654,653 | $695,917 |
Current Liabilities | $703,549 | $297,608 |
Long-term liabilities | 418,289 | 113,366 |
Total Liabilities | 1,121,838 | 410,974 |
Common stock | 3,517 | 1,781 |
Additional paid-in-capital | 377,590 | 212,584 |
Retained earnings | 151,708 | 70,578 |
Total Stockholders Equity | 532,815 | 284,943 |
Total Liabilities and Stockholders Equity | $1,654,653 | $695,917 |
Prepare a comparative balance sheet, showing increases in dollars and percentages. (Round percentages to one decimal.)
Great Buy Co., Inc. | ||||
---|---|---|---|---|
Comparative Balance Sheets | ||||
(Thousands of Dollars) | ||||
Increase | Percent | |||
Current Year | Prior Year | (Decrease) | Change | |
Assets | ||||
Cash and cash equivalents | Answer | Answer | Answer | Answer |
Accounts receivables | Answer | Answer | Answer | Answer |
Merchandise inventories | Answer | Answer | Answer | Answer |
Other current assets | Answer | Answer | Answer | Answer |
Current assets | Answer | Answer | Answer | Answer |
Property and equipment (Net) | Answer | Answer | Answer | Answer |
Other assets | Answer | Answer | Answer | Answer |
Total Assets | Answer | Answer | Answer | Answer |
Liabilities | ||||
Current liabilities | Answer | Answer | Answer | Answer |
Long-term liabilities | Answer | Answer | Answer | Answer |
Total Liabilities | Answer | Answer | Answer | Answer |
Stockholders Equity | ||||
Common stock | Answer | Answer | Answer | Answer |
Additional paid-in-capital | Answer | Answer | Answer | Answer |
Retained earnings | Answer | Answer | Answer | Answer |
Total Stockholders Equity | Answer | Answer | Answer | Answer |
Total Liabilities & Stockholders Equity | Answer | Answer | Answer | Answer |
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