Question
Toys R Us (see https://www.toysrusinc.com/investors) declared Chapter 11 bankruptcy protection in September 2017, for its US operations. The toy retailer is seeking to restructure or
Toys R Us (see https://www.toysrusinc.com/investors) declared Chapter 11 bankruptcy protection in September 2017, for its US operations. The toy retailer is seeking to restructure or remove some of its debts. Toys R Us is also looking to take similar actions for its Canadian operations.
Here are the two most recent Toys R Us balance sheets.
You can also download the Excel file of this image.
Discussion Questions
- Calculate the Toys R Us current ratio for the most recent two years. Interpret these ratios.
- Calculate the Toys R Us quick ratio for the most recent two years. Interpret these ratios. How does the quick ratio compare to the current ratio?
- Calculate the Toys R Us debt ratio for the most recent two years. Interpret these ratios.
- Why is total stockholders equity negative?
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Financial And Managerial Accounting The Basis For Business Decisions
Authors: Jan Williams, Sue Haka, Mark S Bettner
13th Edition
0072942827, 978-0072942828
