Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Figure 2. (Cont.) K-L Fashions, Inc. Financial Statements Balance Sheet January 31: 2005 2004 (Dollars in thousands) Assets Cash and Cash Equivalents Receivables $272,640 $82,540

image text in transcribed
Figure 2. (Cont.) K-L Fashions, Inc. Financial Statements Balance Sheet January 31: 2005 2004 (Dollars in thousands) Assets Cash and Cash Equivalents Receivables $272,640 $82,540 3.480 738,630 857,090 54.880 54.030 1,078,240 997,140 12,090 Inventory Total Current Assets Land and Buildings Fixtures and equipment Leasehold improvements Construction in progress 531.270 383.350 476,460 4230 16.460 5,120 46,370 248430 (183.890) 775760 672180 $1,854,000 $1,669.320 Total Assets Current Liabilities: Accounts Payable Advance Payment on Orders Income Taxes Payable $377,970 $244,150 4,4602,030 70,800 53,020 154510 139.950 607.740 439,150 Total Current Liabilities Long-Term Debt 78,000 84,130 Common Stock; 201M, 20.1M &200M Shares, respectively, at par Additional Capital, net Retained Earnings Less Treasury Stock, at cost 2,010 2,010 311,360 307,810 983,810 875,160 128,920) (38,940) 1.168260 1146.040 Total Liabilities and Equity Figure 2. (Cont.) K-L Fashions, Inc. Financial Statements Balance Sheet January 31: 2005 2004 (Dollars in thousands) Assets Cash and Cash Equivalents Receivables $272,640 $82,540 3.480 738,630 857,090 54.880 54.030 1,078,240 997,140 12,090 Inventory Total Current Assets Land and Buildings Fixtures and equipment Leasehold improvements Construction in progress 531.270 383.350 476,460 4230 16.460 5,120 46,370 248430 (183.890) 775760 672180 $1,854,000 $1,669.320 Total Assets Current Liabilities: Accounts Payable Advance Payment on Orders Income Taxes Payable $377,970 $244,150 4,4602,030 70,800 53,020 154510 139.950 607.740 439,150 Total Current Liabilities Long-Term Debt 78,000 84,130 Common Stock; 201M, 20.1M &200M Shares, respectively, at par Additional Capital, net Retained Earnings Less Treasury Stock, at cost 2,010 2,010 311,360 307,810 983,810 875,160 128,920) (38,940) 1.168260 1146.040 Total Liabilities and Equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones of Financial and Managerial Accounting

Authors: Rich Jones, Mowen, Hansen, Heitger

1st Edition

9780538751292, 324787359, 538751290, 978-0324787351

More Books

Students also viewed these Accounting questions

Question

Discuss the importance of customer satisfaction to quality.

Answered: 1 week ago

Question

b. Who is the program director?

Answered: 1 week ago