Question
Using the following information from an annual report, prepare a vertical analysis of the consolidated balance sheet at June 30, 20x5. (Round percentage answers to
Using the following information from an annual report, prepare a vertical analysis of the consolidated balance sheet at June 30, 20x5. (Round percentage answers to one decimal place.)
June 30, 20x5 | |
(In millions) | |
Cash and cash equivalents | $ 584 |
Accounts and other receivables | 182 |
Merchandise inventories | 2,027 |
Prepaid expenses and other current assets | 80 |
Total current assets | $2,873 |
Real estate, net | $2,342 |
Other, net | 2,113 |
Total property and equipment | $4,455 |
Goodwill, net | $ 374 |
Other assets | 651 |
Total assets | $8,353 |
Short-term borrowings | $ 278 |
Accounts payable | 1,617 |
Accrued expenses and other current liabilities | 836 |
Income taxes payable | 107 |
Total current liabilities | $2,838 |
Long-term debt | $1,230 |
Deferred income taxes | 362 |
Other liabilities | 243 |
Total liabilities | $4,673 |
Common stock | $ 30 |
Additional paid-in capital | 453 |
Retained earnings | 4,757 |
Foreign currency translation adjustments | (137) |
Treasury shares, at cost | (1,423) |
Total stockholders' equity | $3,680 |
Total liabilities and stockholders' equity | $8,353 |
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