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Neighborhood Supermarkets is preparing to go public, and you are asked to assist the firm by preparing its statement of cash flows for 2017. Neighborhood's
Neighborhood Supermarkets is preparing to go public, and you are asked to assist the firm by preparing its statement of cash flows for 2017. Neighborhood's balance sheets at December 31, 2016, and December 31, 2017, and its income statement for the year ending December 31, 2017, appear below Neighborhood Supermarkets, Inc. Balance Sheet December 31 2017 ( in thousands) 2016 Assets Current: Cash Marketable securities Accounts receivable, net Inventories Prepaid expenses $ 91,000 18,147 52,478 228,515 6,254 396,394 59,351 20,068 45,318 187,433 5,085 317,255 Total current assets Property and equipment: 86,193 417,954 673,570 139,418 Land Buildings and improvements Equipment Leasehold improvements Accumulated depreciation 86,003 417,954 646,427 136,589 (815,060) (775, 860 511,11:3 15,722 4,124 Total property and equipment Goodwil1 Intangibles and other Total assets 502,075 35,162 3,843 $ 937,474 848,214
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