Homework Answers
Answer:
| La-Z-Boy Inc. | ||
| Balance Sheet | ||
| April 25 (in thousands) | ||
| Assets | ||
| Current assets: | ||
| Cash | $107,938 | |
| Accounts receivable | $158,548 | |
| Inventories | $156,789 | |
| Other current assets | $53,176 | |
| Total current assets | $476,451 | |
| Property,plant, and equipment | $500,029 | |
| (Less): Accumulated depreciation | ($325,993) | |
| Total property,plant, and equipmnt | $174,036 | |
| Intangible assets | $20,622 | |
| Other long-term assets | $103,495 | |
| Total assets | $774,604 | |
| Liabilities | ||
| Current liabilities: | ||
| Accounts payable | $46,168 | |
| Accrued expenses | $108,326 | |
| Debt due within one year | $397 | |
| Total current liabilities | $154,891 | |
| Long-term liabilities: | ||
| Long-term debt | $433 | |
| Other long-term liabilities | $86,180 | |
| Total long-term liabilities | $86,613 | |
| Total liabilities | $241,504 | |
| Stockholder's equity | ||
| Common stock | $50,747 | |
| Retained earnings | $235,506 | |
| Other stockholders' equity items | $246,847 | |
| Total stockholders' equity | $533,100 | |
| Total liabilities and stockholders' equity | $774,604 | |
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