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this is due tomorrow. help me please

can someone help me find the equity multiplier for the year 2006 and the year 2007 from the sears annual report. Im not sure where to look. the total assets is different on the consolidated balance sheet and on the (financial data on page 18) https://searsholdings.com/invest/annual-reports the formula for equity multiplier - total assets/total equity

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Solution :-

Sears Holdings Corporation
Extract from Annual Report for the fiscal year ended february 2, 2008 & february 3, 2007
Particulars $ in Millions
Fiscal Year ended
February 2, 2008		 Fiscal Year ended
February 3, 2007
Fiscal Year 2007-08 2006-07
Figures Original Original
Total Assets $ 27,397.00 $ 30,066.00
Total Equity $ 10,667.00 $ 12,714.00
Equity Multiplier =
Total Assets/Total Equity		                2.57                 2.36

Note -

1. In the fiscal year 2007-08 total current assets shown at page no. 19 (summary of financial information) is $ 27,397 & at page no. 55 (Consolidated Balance sheets) is $ 27,397. Both are same.

囚SHC-2007-Form-10-K.pdf-Adobe Acrobat Reader DC File Edit View Window Help Home Tools SHC_2006_Form_1.. SHC_2007_Form_1.. * Sign In 19 110 也Share 111% Book value per common share Financial Data $ 80.59 82.60 72.64 50.39 24.64 $19.45 Export PDF 27,397 $29,906 S30,467 2.109 2.488 786 8,651 S 6,074 $6,660 59 415 Total assets 1.922 684 91 275 76 374 Create PDF 734 Long-term capital lease obligations Capital expenditures (Predecessor Company for the 13 weeks ended Adobe PDF Pack 508 552 230 4 3,847 3,7913.843 1.480 5 513 108 Convert files to PDF and easily combine them with other file types with a paid subscription Fiscal 2005 includes the results of Sears subsequent to the Merger date. As a result, fiscal 2005 results include approximately 44 weeks of Sears results and 52 weeks of Kmarts results. 2) We follow a retail-based financial reporting calendar. Accordingly, our fiscal 2006 results reflect the Select File to Convert to PDF 53-week period ended February 3, 2007 whereas fiscal years 2007, 2005, and 2004 contained 52-weeks. Fiscal 2007, 2006 and 2005 ended on the Saturday closest to January 31. The 39 weeks ended January 28, 2004 and fiscal 2004 ended on the last Wednesday in January. The reported results for fiscal 2003 have beern divided into two parts as a result of Kmarts emergence from Chapter 11 bankruptcy in fiscal 2003. As further discussed in Note 13 of Notes to Consolidated Financial Statements, due to the application of Fresh-Start Accounting (defined in Note 13 of Notes to Consolidated Financial Statements) upon emergence from Chapter 11 bankruptcy, the reported historical financial statements of the Predecessor Company for the periods prior to May 1, 2003 generally are not comparable to those of the Successor Company. Thus, the results of operations of the Successor Company were not combined with those of the Predecessor Company Select File OE Edit PDF Comment 19 Combine Files Convert and edit PDFs with Acrobat Pro DC Start Free Trial !r.11. 08:04

2. In the fiscal year 2006-07 total current assets shown at page no. 18 (summary of financial information) is $ 30,066 & at page no. 56 (Consolidated Balance sheets) is $ 30,066. Both are same.

HC_2006_Form 1 File Edit View Window Help bat Reader Home Tools SHC 2006_Form_1 X Sign In ↑) 56 / 112 Share LC SEARS HOLDINGS CORPORATION Consolidated Balance Sheets February 3, 2007 January 28, 2006 millions, except per share data ASSETS Current assets Cash and cash equivalents . . . . . . . . .. . . . . . . .._ . . . . . . . . . . . . . . .. . . . . . .3,968 847 9,907 372 312 $ 4,440 811 9,068 372 516 ザ Prepaid expenses and other current assets . . . . . . .. . . . . . . . .. . . . . . . . . . . . . . . .. rty and equipment 2,105 5,981 2,408 352 2,146 5,920 2,268 367 Land Capital leases Gross property and equipment . .. . . . .. . . . .. . . .. (1.714)(875 2 9,823 1,684 3,448 Total property and equipment, net . .. 9,132 1,692 3,437 399 . . . . . . . . . . . . . . . . . . . . Goodwill $30,066 $30,573 LIABILITIES 1- 嘲r-11 08:17

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