Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Using the Financial Statement below, what is the current ratio for GameStop for Fiscal 2019, period ended February 1, 2020. Rounded to 2 decimal places
Using the Financial Statement below, what is the current ratio for GameStop for Fiscal 2019, period ended February 1, 2020. Rounded to 2 decimal places it of GAMESTOP CORP CONSOLIDATED BALANCE SHEETS On millions, except par value per share Fowy 508.55 1100 1053 8025 224 499.4 03 1419 507 ASSETS Current : Cash and othequivalent Restricted cash Receivables.net Merchandise Inventories Prepaid expenses and other current Assets hold-for-sale Total currentes Property and equipment.net Operating lase right-assets Deferred income taxes Long-term restricted cash Other noncurrents Totalsts 1.5512 2.1 118 1.039.7 2759 7670 830 13.8 483 28197 16.5 416 2.472.0 5 380 a 5175 230.4 LIABILITIES AND STOCKHOLDERS' EQUITY Current Accounts payable Acord abilities and other current Current portion of operating naselbillies Shortcodebt, including current portion of long term debt.net Borrowige underwolving line oft (Se Note 10 Subgent Event Total current Longlom dettet Operating sabi Other long tumbi Total Comments and contingencies (Note 15) Stockholders Class A common stock-5001 par value authorized 300.0 share 65 and 643 aree od and outstanding, ey Additional paisin capital Accumulated other comprehensions Ruined caming Total och guilty Total Bodies and orgully 3418 5 6268 2214 1217 25.0 1.3427 2160 4587 20.5 2005 1.2377 4198 5293 214 2.2002 0.1 110 1493 4740 4367 26726 (78) 0115 28197 a 527 b 1.32 24.4% d. 2.50
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6691acd1c38ca_9936691acd16125e.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started