Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello, I need assistance with the following. Submit a Penman Decomposition of Costco for each of the last 5 years. Balance sheet should be restated

Hello, I need assistance with the following.

Submit a Penman Decomposition of Costco for each of the last 5 years.

Balance sheet should be restated as Net operating assets, financial assets, interest bearing debt, and common equity.

Income statement should be resated as NOPAT, net investment income after tax, interest expense after tax and net income. Balance Sheet image text in transcribedIncome Statementimage text in transcribed

Costoo Wholesale Corporation Annual Balance Shest Period Ended 8/28/2016 8/30/20158/31/2014 9/1/20139/2/2012 Reclassified 10/20173/11/2016 Redlassified 10/2017 5/10/2017 10/2017 In millions of USD except for per shareitems Cash & Equivalents Short TermInvestments Cash and Short Terminvestments Accounts Receivable-Trade, Net Receivables- Other Total Receivables, Net 4,801.00 1,618.00 6,419.00 103 1,121.00 1,224.00 3,379.00 1,350.00 4,729.00 5,738.00 4,644.003,528.00 1,480.00 1,326.00 4,854.00 1,577.00 ,315.006,124.00 330 1,153.00 1,252.00 8,969.00 8,969.00 1,061.00 1,148.00 835 1,201.00 1,026.00 007,894.00 7,096.00 007,894.00 7,096.00 8,908.00 8,456. 8,9080 8,456. Total Deferred Income Tax-Current Asset Other Current Assets 268 228 Other Current Assets, Total 268 Total Current Assets 15,218.00 16,779.0017,588.00 15,840.00 13,526.00 Buildings-Gross Land / Improvements - Gross 13,994.00 12,618.0012,522.00 11,556.0010,879.00 004,409.00 4,032.00 4,472.00 4,261.00 4,716. 5,395.00 4 6,077.00 4,961.00 5,274.00 Construction in ess - Gross Total Gross 26,167.00 23,664.0022,675.0021,022.0019,546.00 ,141.00 -6,585.00 17,043.00 15,401.0014,830.00 13,881.00 12,961.00 653 653 Accumulated 9,124.00-8,263.00 7,845.007 Total-Net Other Long TermAssets 606 606 Term Assets, Total 837 Total Assets 33,163.00 33,017.0033,024.00 30,283.00 27,140.00 Accounts Payable 7,612.00 9,011.008,491.007,872.007,303.00 4,296.00 3,991.00 0 5,392.00 00 5,040.00 4 4,700.00 0 0 Notes Payable/ Short Term Debt Current Portion of Long Term Debt/Capital Leases ,110.001,293.00 4 Advances 299 8961,214.00 966 1,096.00 1,461.00 1,195.00 1,214.00 1,085.00 Other Current iabilities 1,085.00 Other aurrent liabilities. Total Costoo Wholesale Corporation Annual Balance Shest Period Ended 8/28/2016 8/30/20158/31/2014 9/1/20139/2/2012 Reclassified 10/20173/11/2016 Redlassified 10/2017 5/10/2017 10/2017 In millions of USD except for per shareitems Cash & Equivalents Short TermInvestments Cash and Short Terminvestments Accounts Receivable-Trade, Net Receivables- Other Total Receivables, Net 4,801.00 1,618.00 6,419.00 103 1,121.00 1,224.00 3,379.00 1,350.00 4,729.00 5,738.00 4,644.003,528.00 1,480.00 1,326.00 4,854.00 1,577.00 ,315.006,124.00 330 1,153.00 1,252.00 8,969.00 8,969.00 1,061.00 1,148.00 835 1,201.00 1,026.00 007,894.00 7,096.00 007,894.00 7,096.00 8,908.00 8,456. 8,9080 8,456. Total Deferred Income Tax-Current Asset Other Current Assets 268 228 Other Current Assets, Total 268 Total Current Assets 15,218.00 16,779.0017,588.00 15,840.00 13,526.00 Buildings-Gross Land / Improvements - Gross 13,994.00 12,618.0012,522.00 11,556.0010,879.00 004,409.00 4,032.00 4,472.00 4,261.00 4,716. 5,395.00 4 6,077.00 4,961.00 5,274.00 Construction in ess - Gross Total Gross 26,167.00 23,664.0022,675.0021,022.0019,546.00 ,141.00 -6,585.00 17,043.00 15,401.0014,830.00 13,881.00 12,961.00 653 653 Accumulated 9,124.00-8,263.00 7,845.007 Total-Net Other Long TermAssets 606 606 Term Assets, Total 837 Total Assets 33,163.00 33,017.0033,024.00 30,283.00 27,140.00 Accounts Payable 7,612.00 9,011.008,491.007,872.007,303.00 4,296.00 3,991.00 0 5,392.00 00 5,040.00 4 4,700.00 0 0 Notes Payable/ Short Term Debt Current Portion of Long Term Debt/Capital Leases ,110.001,293.00 4 Advances 299 8961,214.00 966 1,096.00 1,461.00 1,195.00 1,214.00 1,085.00 Other Current iabilities 1,085.00 Other aurrent liabilities. Total

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_2

Step: 3

blur-text-image_3

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

Financial accounting

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

9th edition

978-0132751216, 132751127, 132751216, 978-0132751124

More Books

Students also viewed these Accounting questions

Question

This symbol denotes the population proportion in group i.

Answered: 1 week ago