Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am looking at the balance sheet for Planet Fitness, and need help converting the balance sheet to common form. I need to use horizontal

I am looking at the balance sheet for Planet Fitness, and need help converting the balance sheet to common form. I need to use horizontal analysis. Instead of just filling each category with a total, Could you please should me where you get the numbers from on the balance sheet and how you decide which numbers to include. For example. Long term assets are made up of furniture fixes + Equipment I need to convert it to this form

(Horizontal Analysis: Financial Position FY 2016) Cash 2016 2015 $change %change(16-15)/15 Receivables, net Short-term Investments

image text in transcribed

image text in transcribed

Merchandise Inventory Other Current Assets Property--Land Buildings Equipment Other property & equipment (Accumulated Depreciation) Intangible Assets Goodwill Long-term Investments Other Assets Total Assets Accounts Payable Accruals Payable Deferred Revenue Other Current Liabilities Long-term Debt Payable Other Long-term Obligations Other Assets Total Assets Accounts Payable Accruals Payable Deferred Revenue Other Current Liabilities Long-term Debt Payable Other Long-term Obligations Contributed Capital Retained Earnings Other Equity Total Liabilities & Equity (I need to do this for the year 2016 and 2015) The balance sheet it attached below)i

Only for the year 2015 and 2016

Planet Fitness Inc (NYS: PLNT) Exchange rate used is that of the Year End reported date As Reported Annual Balance Sheet Report Date Currency Audit Status Consolidated Scale Cash & cash equivalents Customer receivables, gross Net of allowance for bad debts Accounts receivable, net Due from related parties, current Inventory Restricted assets National Advertising Fund (NAF) Notes receivable, current Prepaid expenses Other current assets Other receivables Income tax receivable Total current assets Land uipme Leasehold improvements Buildings & improvements Furniture & fixtures ehic Other property & equipment gross Construction in progress Property & equipment, gross Accumulated depreciation Property & equipment net Intangible assets net Goodwill Deferred income taxes Notes receivable, net of current portion Other assets, net 121312016 12131 2015 12131 2014 12K1 2013 USD Not Not Not Not Qualified Qualified ualified ualified Yes Yes Yes Yes Thousands Thousands Ihousands Ihousands 31,430 40,393 43,29 267 27,560 19,708 19,674 6,135 687 629 399 352 26,87 19,079 9,275 5,783 2,864 4,940 14 1,332 1,802 4,557 3,012 2,243 07 1,962 35 5,152 2,954 93 4,693 72,945 91,22 7,547 910 27,283 27,391 2,13 3.00 41,249 38,288 27 36 9.00 5,107 5,107 3,708 3,030 5,673 2,947 4,250 2,343 8,295 1,991 92,225 79,664 5,30 30,987 23,525 15,728 6,971 61,238 33.766 56,139 273,619 295.162 253,862 176,981 410,407 117,358 Planet Fitness Inc (NYS: PLNT) Exchange rate used is that of the Year End reported date As Reported Annual Balance Sheet Report Date Currency Audit Status Consolidated Scale Cash & cash equivalents Customer receivables, gross Net of allowance for bad debts Accounts receivable, net Due from related parties, current Inventory Restricted assets National Advertising Fund (NAF) Notes receivable, current Prepaid expenses Other current assets Other receivables Income tax receivable Total current assets Land uipme Leasehold improvements Buildings & improvements Furniture & fixtures ehic Other property & equipment gross Construction in progress Property & equipment, gross Accumulated depreciation Property & equipment net Intangible assets net Goodwill Deferred income taxes Notes receivable, net of current portion Other assets, net 121312016 12131 2015 12131 2014 12K1 2013 USD Not Not Not Not Qualified Qualified ualified ualified Yes Yes Yes Yes Thousands Thousands Ihousands Ihousands 31,430 40,393 43,29 267 27,560 19,708 19,674 6,135 687 629 399 352 26,87 19,079 9,275 5,783 2,864 4,940 14 1,332 1,802 4,557 3,012 2,243 07 1,962 35 5,152 2,954 93 4,693 72,945 91,22 7,547 910 27,283 27,391 2,13 3.00 41,249 38,288 27 36 9.00 5,107 5,107 3,708 3,030 5,673 2,947 4,250 2,343 8,295 1,991 92,225 79,664 5,30 30,987 23,525 15,728 6,971 61,238 33.766 56,139 273,619 295.162 253,862 176,981 410,407 117,358

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

More Books

Students also viewed these Accounting questions

Question

1. Understand how verbal and nonverbal communication differ.

Answered: 1 week ago

Question

3. Identify cultural universals in nonverbal communication.

Answered: 1 week ago