Describe the changes of the Comparative Balance Sheet Analysis. (300 word min.)

Report Date

2016

2017

2018

Increase/ Decrease

% Change

Increase/ Decrease

% Change

Long term debt excluding current liabilities	$ 14,394,000	$ 15,564,000	$ 14,391,000	$ 1,170,000	8.13%	$ (1,173,000)	-7.54%
Deferred Revenue - extended protection plans	$ 763,000	$ 803,000	$ 827,000	$ 40,000	5.24%	$ 24,000	2.99%
Other liabilities	$ 843,000	$ 955,000	$ 1,149,000	$ 112,000	13.29%	$ 194,000	20.31%
Total Liabilities	$ 27,974,000	$ 29,418,000	$ 30,864,000	$ 1,444,000	5.16%	$ 1,446,000	4.92%
Common Stock	$ 433,000	$ 415,000	$ 401,000	$ (18,000)	-4.16%	$ (14,000)	-3.37%
Capital in excess of par value	$ -	$ 22,000	$ -	$ 22,000		$ (22,000)	-100.00%
Retained Earnings	$ 6,241,000	$ 5,425,000	$ 3,452,000	$ (816,000)	-13.07%	$ (1,973,000)	-36.37%
Accumulated other comprehensive income (loss)	$ (240,000)	$ 11,000	$ (209,000)	$ 251,000	-104.58%	$ (220,000)	-2000.00%
Total Shareholder's Equity	$ 6,434,000	$ 5,873,000	$ 3,644,000	$ (561,000)	-8.72%	$ (2,229,000)	-37.95%
Total Liabilities & Shareholder's Equity	$ 34,408,000	$ 35,291,000	$ 34,508,000	$ 883,000	2.57%	$ (783,000)	-2.22%

Report Date	2016	2017	2018	Increase/ Decrease	% Change	Increase/ Decrease	% Change
$ in Millions
Cash & Cash Equivalents	$ 2,538	$ 3,595	$ 1,778	$ 1,057	41.65%	$ (1,817)	-50.54%
Receivables, Net	$ 2,029	$ 1,952	$ 1,936	$ (77)	-3.79%	$ (16)	-0.82%
Merchandise Inventory	$ 12,549	$ 12,748	$ 13,925	$ 199	1.59%	$ 1,177	9.23%
Other current assets	$ 608	$ 638	$ 890	$ 30	4.93%	$ 252	39.50%
Total Current Assets	$ 17,724	$ 18,933	$ 18,529	$ 1,209	6.82%	$ (404)	-2.13%
Net Property and Equipment	$ 21,914	$ 22,075	$ 22,375	$ 161	0.73%	$ 300	1.36%
Goodwill	$ 2,093	$ 2,275	$ 2,252	$ 182	8.70%	$ (23)	-1.01%
Other assets	$ 1,235	$ 1,246	$ 847	$ 11	0.89%	$ (399)	-32.02%
Total Assets	$ 42,966	$ 44,529	$ 44,003	$ 1,563	3.64%	$ (526)	-1.18%
Short Term Debt	$ 710	$ 1,559	$ 1,339	$ 849	119.58%	$ (220)	-14.11%
Accounts Payable	$ 7,000	$ 7,244	$ 7,755	$ 244	3.49%	$ 511	7.05%
Accrued Salaries and related expenses	$ 1,484	$ 1,640	$ 1,506	$ 156	10.51%	$ (134)	-8.17%
Sales Tax Expenses	$ 508	$ 520	$ 656	$ 12	2.36%	$ 136	26.15%
Deferred Revenue	$ 1,669	$ 1,805	$ 1,782	$ 136	8.15%	$ (23)	-1.27%
Income Tax Payable	$ 25	$ 54	$ 11	$ 29	116.00%	$ (43)	-79.63%
Current Installments of Long term debt	$ 542	$ 1,202	$ 1,056	$ 660	121.77%	$ (146)	-12.15%
Other current expenses	$ 2,195	$ 2,170	$ 2,611	$ (25)	-1.14%	$ 441	20.32%
Total Current Liabilities	$ 14,133	$ 16,194	$ 16,716	$ 2,061	14.58%	$ 522	3.22%
Long term debt excluding current Installments	$ 22,349	$ 24,267	$ 26,807	$ 1,918	8.58%	$ 2,540	10.47%
Deferred Income Tax	$ 296	$ 440	$ 491	$ 144	48.65%	$ 51	11.59%
Other long term liabilities	$ 1,855	$ 2,174	$ 1,867	$ 319	17.20%	$ (307)	-14.12%
Total Liabilities	$ 38,633	$ 43,075	$ 45,881	$ 4,442	11.50%	$ 2,806	6.51%
Common Stock, Par Value $0.05	$ 88	$ 89	$ 89	$ 1	1.14%	$ -	0.00%
Paid in Capital	$ 9,787	$ 10,192	$ 10,578	$ 405	4.14%	$ 386	3.79%
Retained Earnings	$ 35,519	$ 39,935	$ 46,423	$ 4,416	12.43%	$ 6,488	16.25%
Accumulated other comprehensive income (loss)	$ (867)	$ (566)	$ (772)	$ 301	-34.72%	$ (206)	36.40%
Treasury Stock, at cost	$ (40,194)	$ (48,196)	$ (58,196)	$ (8,002)	19.91%	$ (10,000)	20.75%
Total Shareholder's Equity	$ 4,333	$ 1,454	$ (1,878)	$ (2,879)	-66.44%	$ (3,332)	-229.16%
Total Liabilities & Shareholder's Equity	$ 42,966	$ 44,529	$ 44,003	$ 1,563	3.64%	$ (526)	-1.18