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Not sure if numbers are correct that ive already put in Assume all other items remain unchanged from the prior year: Provide the next year's
Not sure if numbers are correct that ive already put in
Assume all other items remain unchanged from the prior year: Provide the next year's forcasted balances for the following accounts and cash flow from operations. Round your answer to the nearest thousand. 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousands. 2. The company projects the following to occur in the next fiscal year: - Accounts payable will decrease by 15%. - Other current liabilities are expected to increase by 12%. - Cash flow from operations is expected to decrease by 5%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest thousand. a. Cash h. Short-term invectments (or marketahle ceciurities) See accompanying notes to the consolidated financial statements lululemon athletica inc. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Amounts in thousonds) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline & \begin{tabular}{c} Exchangeable \\ Stock \\ shares \\ \end{tabular} & \begin{tabular}{l} Spedal Vo \\ Shares \end{tabular} & Iing: & \begin{tabular}{l} Stock \\ Part \\ Salue \end{tabular} & \begin{tabular}{l} Comme \\ Shares \end{tabular} & ions & \begin{tabular}{l} Stock \\ Par \\ Value \end{tabular} & & \begin{tabular}{l} Adeltional \\ alidin Capital \end{tabular} & \begin{tabular}{l} Retained \\ Eaminge \end{tabular} & & \begin{tabular}{l} Accumulated \\ Other \\ comprehensive \\ Loss \end{tabular} & \begin{tabular}{c} Total \\ stockholder: \\ Equily \end{tabular} \\ \hline \begin{tabular}{l} Ealance as of February 2. \\ 2020 \end{tabular} & 6,227 & 6.227 & s & - & 124,122 & s & 621 & s & 355,541 & $1.120.637 & $ & (224,581) & 1,952,218 \\ \hline Net income & & & & & & & & & & 588,913 & & & 588,913 \\ \hline \begin{tabular}{l} Other comprehensive \\ income (lass), net of tax \end{tabular} & & & & & & & & & & & & 47,426 & 47,425 \\ \hline \begin{tabular}{l} Common stock issued \\ upon exchange of \\ exchangoable shares \end{tabular} & (1,024) & (1,024) & & - & 1,024 & & 5 & & (3) & & & & - \\ \hline \begin{tabular}{l} Stock-based \\ compensation expense \end{tabular} & & & & & & & & & 50,797 & & & & 50,797 \\ \hline \begin{tabular}{l} Common stock isived \\ upon settlement of \\ stock based \\ compensation \end{tabular} & & & & & 532 & & 3 & & 15,260 & & & 4 & 15,263 \\ \hline \begin{tabular}{l} Shares withheld related \\ to net chare settiement \\ of stock-based \\ compentation \end{tabular} & & & & & (159) & & (1) & & (32,387) & & & y & (32,383) \\ \hline \begin{tabular}{l} Repurchase of common \\ stock \end{tabular} & & & & & (369) & & (z) & & (539) & (63,122) & & & (63,663) \\ \hline \begin{tabular}{l} 8alance as of Ianuary 31 , \\ 2021 \end{tabular} & 5,203 & 5,203 & s & - & 125,150 & 5 & 626 & s & 388.667 & $2,346,428 & $ & (177,155) & 52553556 \\ \hline Net income & & & & & - & & & & & 975,322 & & E & 975,322 \\ \hline \begin{tabular}{l} Other comprehensive \\ income floss). net of tax \end{tabular} & & & & & & & & & & & & (18,762) & (18,7e2) \\ \hline \begin{tabular}{l} Stock-based \\ compensation expense \end{tabular} & & * & & & & & & & 69,137 & & & & 69,137 \\ \hline \begin{tabular}{l} Common stock asued \\ upon settlement of \\ stock-baied \\ compensation \end{tabular} & & & & & 502 & & 2 & & 18,192 & & & & 111,194 \\ \hline \begin{tabular}{l} Shares withheid related \\ to net share settiement \\ of stock-based \\ compensation \end{tabular} & 35 & & & & (153) & & (1) & & (49,808) & & & & \begin{tabular}{l} (49.009) \\ (4) \end{tabular} \\ \hline \begin{tabular}{l} Reputchase af common \\ stock \end{tabular} & & & & & 2,202) & & (11) & & (3,681) & (008,910) & & & (312.602) \\ \hline \begin{tabular}{l} falanse as of january 30, \\ 2022 \end{tabular} & 5.203 & 5,203 & 5 & - & 123,297 & 5 & 616 & s & 422.507 & 52.512,840 & s & (195.917) & is 2,740,046 \\ \hline \end{tabular} lululemon athletica inc. CONSOUDAIEO STAIEMENIS OF CASH FLOWS (Amounts in thourand. See accompanying notes to the consolidated financial statements 1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousands. 2. The company projects the following to occur in the next fiscal year: - Accounts payable will decrease by 15%. - Other current liabilities are expected to increase by 12%. - Cash flow from operations is expected to decrease by 5%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest thousand. a. Cash h. Short-term invectments (or marketahle ceciurities) lululemon athletica inc. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Amounts in thousonds) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline & \begin{tabular}{c} Exchangeable \\ Stock \\ shares \\ \end{tabular} & \begin{tabular}{l} Spedal Vo \\ Shares \end{tabular} & Iing: & \begin{tabular}{l} Stock \\ Part \\ Salue \end{tabular} & \begin{tabular}{l} Comme \\ Shares \end{tabular} & ions & \begin{tabular}{l} Stock \\ Par \\ Value \end{tabular} & & \begin{tabular}{l} Adeltional \\ alidin Capital \end{tabular} & \begin{tabular}{l} Retained \\ Eaminge \end{tabular} & & \begin{tabular}{l} Accumulated \\ Other \\ comprehensive \\ Loss \end{tabular} & \begin{tabular}{c} Total \\ stockholder: \\ Equily \end{tabular} \\ \hline \begin{tabular}{l} Ealance as of February 2. \\ 2020 \end{tabular} & 6,227 & 6.227 & s & - & 124,122 & s & 621 & s & 355,541 & $1.120.637 & $ & (224,581) & 1,952,218 \\ \hline Net income & & & & & & & & & & 588,913 & & & 588,913 \\ \hline \begin{tabular}{l} Other comprehensive \\ income (lass), net of tax \end{tabular} & & & & & & & & & & & & 47,426 & 47,425 \\ \hline \begin{tabular}{l} Common stock issued \\ upon exchange of \\ exchangoable shares \end{tabular} & (1,024) & (1,024) & & - & 1,024 & & 5 & & (3) & & & & - \\ \hline \begin{tabular}{l} Stock-based \\ compensation expense \end{tabular} & & & & & & & & & 50,797 & & & & 50,797 \\ \hline \begin{tabular}{l} Common stock isived \\ upon settlement of \\ stock based \\ compensation \end{tabular} & & & & & 532 & & 3 & & 15,260 & & & 4 & 15,263 \\ \hline \begin{tabular}{l} Shares withheld related \\ to net chare settiement \\ of stock-based \\ compentation \end{tabular} & & & & & (159) & & (1) & & (32,387) & & & y & (32,383) \\ \hline \begin{tabular}{l} Repurchase of common \\ stock \end{tabular} & & & & & (369) & & (z) & & (539) & (63,122) & & & (63,663) \\ \hline \begin{tabular}{l} 8alance as of Ianuary 31 , \\ 2021 \end{tabular} & 5,203 & 5,203 & s & - & 125,150 & 5 & 626 & s & 388.667 & $2,346,428 & $ & (177,155) & 52553556 \\ \hline Net income & & & & & - & & & & & 975,322 & & E & 975,322 \\ \hline \begin{tabular}{l} Other comprehensive \\ income floss). net of tax \end{tabular} & & & & & & & & & & & & (18,762) & (18,7e2) \\ \hline \begin{tabular}{l} Stock-based \\ compensation expense \end{tabular} & & * & & & & & & & 69,137 & & & & 69,137 \\ \hline \begin{tabular}{l} Common stock asued \\ upon settlement of \\ stock-baied \\ compensation \end{tabular} & & & & & 502 & & 2 & & 18,192 & & & & 111,194 \\ \hline \begin{tabular}{l} Shares withheid related \\ to net share settiement \\ of stock-based \\ compensation \end{tabular} & 35 & & & & (153) & & (1) & & (49,808) & & & & \begin{tabular}{l} (49.009) \\ (4) \end{tabular} \\ \hline \begin{tabular}{l} Reputchase af common \\ stock \end{tabular} & & & & & 2,202) & & (11) & & (3,681) & (008,910) & & & (312.602) \\ \hline \begin{tabular}{l} falanse as of january 30, \\ 2022 \end{tabular} & 5.203 & 5,203 & 5 & - & 123,297 & 5 & 616 & s & 422.507 & 52.512,840 & s & (195.917) & is 2,740,046 \\ \hline \end{tabular} Assume all other items remain unchanged from the prior year: Provide the next year's forcasted balances for the following accounts and cash flow from operations. Round your answer to the nearest thousand. See accompanying notes to the consolidated financial statements See accompanying notes to the consolidated financial statements lululemon athletica inc. CONSOUDAIEO STAIEMENIS OF CASH FLOWS (Amounts in thourand Step by Step Solution
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