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E3-29 Classified balance sheet Obj 4 Total assets, $768,870 La-Z-Boy Inc. is one of the world's largest manufacturers of furniture and is best known
E3-29 Classified balance sheet Obj 4 Total assets, $768,870 La-Z-Boy Inc. is one of the world's largest manufacturers of furniture and is best known for its reclining chairs. The following data (in thousands) were adapted from the 2008 annual report of La-Z-Boy Inc.: Accounts payable Accounts receivable Accrued expenses Accumulated depreciation Capital stock $ 56,421 200,422 102,700 267,583 260,816 Cash 14,982 Intangible assets 56,239 Inventories 178,361 Debt due within one year 4,792 Long-term debt 99,578 Other current assets 33,723) Other long-term assets 114,142 Other long-term liabilities 54,783 Property, plant, and equipment 438,584 Retained earnings 189,780 Prepare a classified balance sheet as of April 26, 2008.
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