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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
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 $65,890 $7,138 Accounts Receivables 58,238 37,968 Merchandise Inventories 701,746 249,991 Other Current Assets 15,228 9,829 Total Current Assets 841,102 304,926 Property and Equipment (net) 189,996 126,442 Other Assets 16,646 7,774 Total Assets $1,047,744 $439,142 Current Liabilities $442,231 $186,005 Long-Term liabilities 262,924 70,854 Total Liabilities 705,155 256,859 Common Stock 2,296 1,149 Additional Paid-in-Capital 246,498 137,151 Retained Earnings 93,795 43,983 Total Stockholders' Equity 342,589 182,283 Total Liabilities and Stockholders' Equity $1,047,744 $439,142 Prepare a comparative balance sheet, and after you are done, select below the percent change of Total Assets, Total Liabilities and total Stockholders' Equity (in this order) from 2012 to 2013 Total Assets: 157.3%; Total Liabilities: 88.3%; Total Equity: 69% Total Assets: 138.6%; Total Liabilities: 174.5%; Total Equity: 87.9% Total Assets: 105.4%; Total Liabilities: 43.6%; Total Equity: 61.8% Total Assets: 258%; Total Liabilities: 55.9% Total Equity: 202.10%
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