[Refer to the financial statements ofExpress, Inc.inAppendix Cat the end of this book.]

Required:

1.How much is in the Prepaid Minimum Rents account at the end of the most recent year (for the year ended February 3, 2018)?

2.What did the company report for Deferred Revenue at February 3, 2018?

5.What company accounts would not have balances on a post-closing trial balance?

6.Prepare the closing entry, if any, for Prepaid Expenses.

7.What is the company's earnings per share (basic only) for the three years reported?

8.Compute the company's total asset turnover ratio for the three years reported.

Link to Financial Statement:

https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Libby_10e/Libby10e_AppC.pdf