Using the following information from an annual report, prepare a vertical analys
ID: 2454963 • Letter: U
Question
Using the following information from an annual report, prepare a vertical analysis of the consolidated balance sheet at June 30, 20x5. (Round percentage answers to one decimal place.)
June 30, 20x5
(In millions)
Cash and cash equivalents
$ 584
Accounts and other receivables
182
Merchandise inventories
2,027
Prepaid expenses and other current assets
80
Total current assets
$2,873
Real estate, net
$2,342
Other, net
2,113
Total property and equipment
$4,455
Goodwill, net
$ 374
Other assets
651
Total assets
$8,353
Short-term borrowings
$ 278
Accounts payable
1,617
Accrued expenses and other current liabilities
836
Income taxes payable
107
Total current liabilities
$2,838
Long-term debt
$1,230
Deferred income taxes
362
Other liabilities
243
Total liabilities
$4,673
Common stock
$ 30
Additional paid-in capital
453
Retained earnings
4,757
Foreign currency translation adjustments
(137)
Treasury shares, at cost
(1,423)
Total stockholders' equity
$3,680
Total liabilities and stockholders' equity
$8,353
June 30, 20x5
(In millions)
Cash and cash equivalents
$ 584
Accounts and other receivables
182
Merchandise inventories
2,027
Prepaid expenses and other current assets
80
Total current assets
$2,873
Real estate, net
$2,342
Other, net
2,113
Total property and equipment
$4,455
Goodwill, net
$ 374
Other assets
651
Total assets
$8,353
Short-term borrowings
$ 278
Accounts payable
1,617
Accrued expenses and other current liabilities
836
Income taxes payable
107
Total current liabilities
$2,838
Long-term debt
$1,230
Deferred income taxes
362
Other liabilities
243
Total liabilities
$4,673
Common stock
$ 30
Additional paid-in capital
453
Retained earnings
4,757
Foreign currency translation adjustments
(137)
Treasury shares, at cost
(1,423)
Total stockholders' equity
$3,680
Total liabilities and stockholders' equity
$8,353
Explanation / Answer
Solution:
Consolidated Balance Sheet
Particulars Amount Cash and cash equivalents $ 584 Accounts and other receivables 182 Merchandise inventories 2,027 Prepaid expenses and other current assets 80 Total current assets $2,873 Real estate, net $2,342 Other, net 2,113 Total property and equipment $4,455 Goodwill, net $ 374 Other assets 651 Total assets $8,353 Short-term borrowings $ 278 Accounts payable 1,617 Accrued expenses and other current liabilities 836 Income taxes payable 107 Total current liabilities $2,838 Long-term debt $1,230 Deferred income taxes 362 Other liabilities 243 Total liabilities $4,673 Common stock $ 30 Additional paid-in capital 453 Retained earnings 4,757 Foreign currency translation adjustments (137) Treasury shares, at cost (1,423) Total stockholders' equity $3,680 Total liabilities and stockholders' equity $8,353Related Questions
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