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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
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 | $535.90 | $98.30 | |||||
Receivables, net | 78.00 | 83.80 | |||||
Inventories | 163.90 | 196.80 | |||||
Prepaid income taxes | 18.90 | 10.90 | |||||
Prepaid expenses and other | 69.40 | 71.70 | |||||
Deferred income taxes | 157.40 | 124.00 | |||||
Assets held for sale | 32.90 | 1,390.30 | |||||
Total current assets | $1,056.40 | $1,975.80 |
Prepare a horizontal analysis of Darden Restaurants current assets. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5% and other answers to 2 decimal places, e.g. 12.52)
5/31/2015 | 5/25/2014 | $ Change | % Change |
Current assets:
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