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please answer the one that is red, i try 26.94 also and it was wrong a Your answer is pardally correct ry again The current
please answer the one that is red, i try 26.94 also and it was wrong
a Your answer is pardally correct ry again The current asset portion of Darden Restaurants, Inc.'s balance sheet is as follows (in $millions). Fiscal Year Ended May 31, 2015 May 25, 2014 Current assets: Cash and cash equivalents Receivables, net Inventories Prepaid income taxes Prepaid expenses and other Deferred income taxes Assets held for sale $535.90 78.00 163.90 18.90 69.40 157.40 32.90 $1,056.40 $98.30 83.80 196.80 10.90 71.70 124.00 1,390.30 $1,975.80 Total current assets Prepare a horizontal analysis of Darden Restaurants' current assets. (If amount and percentage are a decrease show the numbers percentages to 1 decimal place, e.g. 12.590.) 5/31/2015 5/25/2014 Change % Change 5/31/2015 s Change % Change 5/25/2014 Current assets: Cash and cash equivalents Receivables, net 535.90 445.17 98.30 437.60 6.92 78.00 83.80 (5.80) Inventories 16.72 196.80 (32.90) 163.90 Prepaid income taxes 73.39 18.90 10.90 8.00 Prepaid expenses/other current assets 3.21 71.70 (2.30) 69.40 20 Deferred income taxes 157.40 124.00 (26.94) 33.40 Assets held for sale 97.63 32.90 1,390.30 (1,357.40) Total current assets 1,975.80 (919.40) 1,056.40 46.53 LINK TO TEXT LINK TO VIDEOStep by Step Solution
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