Examine MWW’s balance sheet, statement of earnings, and statement of cash flow

(including the supplementary schedules):

How much does MWW report in current liabilities on January 27, 2001?

What was the percentage increase in current liabilities from January 29, 2000 to January 27, 2001? What is the reason for the increase? Do you think the increase is reasonable? Explain.

What additional information might you want about MWW’s current liabilities? Explain what you would want that information for.

. How much long-term debt did MWW retire during fiscal 2001? How much new long-term debt did MWW obtain during fiscal 2001?

. How much interest did MWW expense during fiscal 2001? How much interest was paid to lenders in cash? How do you explain the fact that these amounts are not the same?