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Use the income statement to respond to the following items: CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands Jan. 31, 2021 Feb. 02, 2020

Use the income statement to respond to the following items:

CONSOLIDATED BALANCE SHEETS - USD ($) $ in ThousandsJan. 31, 2021Feb. 02, 2020
Current assets
Cash and cash equivalents$ 1,150,517$ 1,093,505
Accounts receivable62,39940,219
Inventories647,230518,513
Prepaid and receivable income taxes139,12685,159
Prepaid expenses and other current assets125,10770,542
Total current assets2,124,3791,807,938
Property and equipment, net745,687671,693
Right-of-use lease assets734,835689,664
Goodwill386,87724,182
Intangible assets, net80,080241
Deferred income tax assets6,73131,435
Other non-current assets106,62656,201
Total assets4,185,2153,281,3547,466,5693,733,28515.77%ROA
Current liabilities
Accounts payable172,24679,997
Accrued inventory liabilities14,9566,344
Other accrued liabilities211,911112,641
Accrued compensation and related expenses130,171133,688
Current lease liabilities166,091128,497
Current income taxes payable8,35726,436
Unredeemed gift card liability155,848120,413
Other current liabilities23,59812,402
Total current liabilities883,178620,418
Non-current lease liabilities632,590611,464
Non-current income taxes payable43,15048,226
Deferred income tax liabilities58,75543,432
Other non-current liabilities8,9765,596
Total liabilities1,626,6491,329,136
Commitments and contingencies
Stockholders' equity
Undesignated preferred stock, $0.01 par value: 5,000 shares authorized; none issued and outstanding00
Exchangeable stock, no par value: 60,000 shares authorized; 5,203 and 6,227 issued and outstanding00
Special voting stock, $0.000005 par value: 60,000 shares authorized; 5,203 and 6,227 issued and outstanding00
Common stock, $0.005 par value: 400,000 shares authorized; 125,150 and 124,122 issued and outstanding626621
Additional paid-in capital388,667355,541
Retained earnings2,346,4281,820,637
Accumulated other comprehensive loss(177,155)(224,581)
Total stockholders' equity2,558,5661,952,2184,510,7842,255,39226.11%ROE
Total liabilities and stockholders' equity$ 4,185,215$ 3,281,354


a) What are the major expenses? What percentage of total revenue does each represent?

b) Are there any unusual or discontinued items reported on the income statement? If so, are they large in magnitude?

c) Was the company more or less profitable when compared with the prior year?

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a The major expenses are 1 Cost of goods sold this represents the cost of the goods that the company sells This includes the cost of the raw materials ... blur-text-image

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