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For the following Balance Sheet line items, calculate the percentages that would be shown in the % of total column. 1.Total receivables net 2.Inventories net
For the following Balance Sheet line items, calculate the percentages that would be shown in the % of total column.
1.Total receivables net
2.Inventories net
3.Accounts payable
4.Retained earnings
5,Total stockholders'equity
based on your answer,did liabilities or equity finance more of Toro's Total assets in 2017?
October 31 ASSETS Cash and cash equivalents Receivables, net: 2017 2016 310,256 273,555 176,008 7,065 183,073 328,992 37,565 859,886 235,230 64,083 205,029 103,743 25,816 Customers, net of allowances (2017 - $2,147: 2016-$1,609) Other Total receivables, net 157,908 5,357 163.265 307,034 Inventories, net Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Deferred income taxes Goodwill Other intangible assets, net Other assets 779,009 222,038 57,228 194,782 108,093 23,422 87 S1,384,572 Total assets 1,493,787$ Current portion of long-term debt Accounts payable Accrued liabilities: 26,258 $ 211,752 22,484 174,668 Warranty Advertising and marketing programs Compensation and benefit costs Insurance Interest Other 74,155 85,934 58,576 6,887 7,542 50,692 521,796 305,629 24,761 1,726 22,783 72,158 52,139 7,502 7,931 45,642 463,839 328,477 11,830 Total current liabilities Long-term debt, less current portion Deferred revenue Deferred income taxes Other long-term liabilities 30,391 Preferred stock, par value $1.00 per share, authorized 1,000,000 voting and 850,000 non-voting shares, none issued and outstanding Common stock, par value $1.00 per share, authorized 175,000,000 shares; issued and outstanding 106,882,972 shares as of October 31, 2017 and 108,427,393 shares as of October 31, 2016 Retained eanings Accumulated other comprehensive loss 106,883 534,329 (24,120) 617,092 108,427 480,044 (38,436) 550,035 Total stockholders' equity Total liabilities and stockholders' equity 1,493,787 $1,384,572Step by Step Solution
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