Question

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 Februar 27, 2012 (amounts in thousands): Feb. 26, 2013 Feb. 27, 2012 $7,138 37,968 637,950 249,991 9,829 764,610 304,926 172,724 126,442 7,774 $439,142 Cash and Cash Equivalents Accounts Receivables Merchandise Inventories Other Current Assets 59,872 52,944 13,844 Total Current Assets Property and Equipment (net) Other Assets Total Assets 15,160 $952,494 $402,028 $186,005 Current Liabilities

Answer 1

	GREAT BUY COMPANY, INC.
	Comparative Balance Sheets
	(Thousands of Dollars)
	Feb. 26, 2013	Feb. 27, 2012	Increase(Decrease)	Percent change
Assets
Current Assets
Cash and Cash Equivalents	59872	7138	52734	738.8%
Accounts Receivables	52944	37968	14976	39.4%
Merchandise Inventories	637950	249991	387959	155.2%
Other Current Assets	13844	9829	4015	40.8%
Total Current Assets	764610	304926	459684	150.8%
Property and Equipment (net)	172724	126442	46282	36.6%
Other Assets	15160	7774	7386	95.0%
Total Assets	952494	439142	513352	116.9%
Liabilities
Current Liabilities	402028	186005	216023	116.1%
Long-Term liabilities	239022	70854	168168	237.3%
Total Liabilities	641050	256859	384191	149.6%
Stockholders' Equity
Common Stock	2087	1149	938	81.6%
Additional Paid-in-Capital	224089	137151	86938	63.4%
Retained Earnings	85268	43983	41285	93.9%
Total Stockholders' Equity	311444	182283	129161	70.9%
Total Liabilities and Stockholders' Equity	952494	439142	513352	116.9%