Using the Following Information from an Annual Report, Prepare a Vertical
Question 148
Question 148
Essay
Using the following information from an annual report, prepare a vertical analysis of the consolidated balance sheet at June 30, 20xx. (Round percentage answers to one decimal place.) Cash and cash equivalentsAccounts and other receivablesMerchandise inventoriesPrepaid expenses and other current assetsTotal current assetsReal estate, netOthey, netTotal property and equipmentGoodwill netOther assetsTotal assetsShort-term borrowingsAccounts payableAccrued expenses and other current liabilitiesIncome taxespayableTotal current liabilitiesLong-term debtDeferred income taxesOther liabilitiesTotal liabilitiesCommon stockAdditional paid-in capitalRetained earningsForeign currency transiation adjustmentsTreasury shares, at costTotal stockholders’ equityTotal liabilities and stoclholders’ equityJune 30,20 x (In millions)$5841822,02780$2,873$2,3422.113$4,455$374651$8,353$2781,617836107$2,838$1,230362243$4.673$304534,757(137)(1,423)$3,680$8,353
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