Common-Size Balance Sheets Consider the following balance sheet data for Great Buy Co., Inc., an electronics and major appliance retailer, at February 28,2020 and February 22,2019 (amounts in thousands): \begin{tabular}{|l|r|r|} \hline & Feb. 28, 2020 & Feb. 22,2019 \\ \hline Cash and cash equivalents & $119,744 & $14,990 \\ \hline Accounts receivables & 105,888 & 79,733 \\ \hline Merchandise inventories & 1,275,900 & 524,981 \\ \hline Other current assets & 27,688 & 20,641 \\ \hline Current Assets & 1,529,220 & 640,345 \\ \hline Property and equipment (net) & 364,448 & 271,850 \\ \hline Other assets & 31,988 & 16,714 \\ \hline Total Assets & $1,925,656 & $928,909 \\ \hline Current Liabilities & $804,056 & $390,611 \\ \hline Long-term liabilities & 478,044 & 148,793 \\ \hline Total Liabilities & 1,282,100 & 539,404 \\ \hline Common stock & 4,404 & 2,470 \\ \hline Additional paid-in-capital & 472,828 & 294,875 \\ \hline Retained earnings & 166,324 & 92,160 \\ \hline Total Stockholders' Equity & 643,556 & 389,505 \\ \hline Total Liabilities and Stockholders' Equity & $1,925,656 & $928,909 \\ \hline \end{tabular} Prepare common-size balance sheets, percentages only, for each year (use total assets as the base amount). Round to one decimal
Other questions asked by students
Basic Math
Q
Select the correct answer.Which of the following functions is the inverse of this function?f (x)...
Basic Math
Accounting
Accounting