POLO RALPH LAUREN CORP.
Balance Sheet
December 31, 2010
ASSETS					LIABILITIES & Stockholder's Equity
Cash			$ 350,500		Accounts Payable				$ 184,409
Accounts Receivable			455,697		Income Tax Payable				72,163
Inventories			430,097		Acrrued expenses and other				365,883
Deferred Tax assets			110,809
Prepaid Expenses			102,708		Total Current Liabilities				$ 622,455
Total Current Assets			$ 1,449,811		Long-term Debt				$ 290,975
					Other noncurrent liabilities				137,606
Property and Equipment, Net			$ 487,909
Goodwill, Net			558,873		Total Long-Term Financing				$ 428,581
Intangibles, Net			47,006
Other Fixed Assets			183,205
Total Net Fixed Assets			$ 1,276,993		Stockholder's Equity				$ 1,675,768
Total Assets			$2,726,804		Total Liab & Stockholder's Equity				$ 2,726,804
Using the preceding financial statement, prepare a Managerial Balance Sheet
and Compute NLF and NSF: