Menu Comparative Balance Sheets Consider the following balance sheet data for Gr
ID: 2563444 • Letter: M
Question
Menu Comparative Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retailer, at February 26, 2013 and February 27. 2012 (amounts in thousands) Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets Feb. 26, 2013 Feb. 27, 2012 $65,890 $7,138 37,968 1 249,991 9,829 841,102 304,926 58,238 701,746 15,228 Total Current Assets Property and Equipment (net) Other Assets 189.996 126 16,646 7,774 1,047,744 $439,142 Total Assets $442,231$186,005 70,854 Current Liabilities 262,924 Long-Term liabilities Total Liabilities 705,155 256,859 2,296 1,149 Common Stock Additional Paid-in-Capital Retained Earnings 246498137,151 43,983 342,589 182,283 1,047,744 $439,142 93,795 Total Stockholders' Equity Total Liabilities and Stockholders Equity Prepare a comparative balance sheet, showing increases in dollars and percentages. RoundExplanation / Answer
Feb 26 2013 Feb 27 2012 Increase(Decrease) Cash And Cash Equivalent 65890 7138 58752 823.1% Account Receivable 58238 37968 20270 53.4% Maerchendise Inventory 701746 249991 451755 180.7% Other Current Asset 15228 9829 5399 54.9% Total current Asset 841102 304926 536176 175.8% Property And Equipment 189996 126442 63554 50.3% Other Assets 16646 7774 8872 114.1% Total Assets 1047744 439142 608602 138.6% Current Liabilites 442231 186005 256226 137.8% Long term Liabilities 262924 70854 192070 271.1% Total Liabilities 705155 256859 448296 174.5% Common Stock 2296 1149 1147 99.8% Additional Paid in Capital 246498 137151 109347 79.7% retainned Earnnings 93975 43983 49992 113.7% Total Stock Holder Equity 342769 182283 160486 88.0% Total Liabilities and Shareholder Equity 1047924 363417 684507 188.4%