1. Prepare the common sizing analyis for 2010 and 2011. 2. Prepare the trend ana
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Question
1. Prepare the common sizing analyis for 2010 and 2011.
2. Prepare the trend analysis for 2010 and 2011.
January 29 2011 January 30 2010 millions, except footnotes Assets Cash and cash equivalents, including marketable securities of $1,129 and $1,617 Credit card receivables, net of allowance of $690 and $1,016 Inventory Other current assets $ 1,712 6,153 7,596 1,752 17,213 $ 2,200 6,966 7,179 2,079 18,424 Total current assets Property and equipment Land 5,928 23,081 4,939 2,533 567 11,555) 25,493 5,793 22,152 4,743 2,575 502 10,485 25,280 829 $ 44,533 Buildings and improvements Fixtures and equipment Computer hardware and software Constr ress Accumulated depreciation Property and equipment, net Other noncurrent assets Total assets Liabilities and shareholders' investment Accounts payable Accrued and other current liabilities Unsecured debt and other borrowings Nonrecourse debt collateralized by credit card receivables $43,705 $ 6,625 3,326 119 10,070 11,653 3,954 934 1,607 18,148 $ 6,511 3,120 796 900 11,327 10,643 4,475 835 1,906 17,859 Total current liabilities Unsecured debt and other borrowings Nonrecourse debt collateralized by credit card receivables Deferred income taxes Other noncurrent liabilities Total noncurrent liabilities Shareholders investment Common stock Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Total shareholders' investment 59 3,311 12,698 (581) 15,487 $ 43,705 62 2,919 12,947 (581) 15,347 $ 44,533 Total liabilities and shareholders' investment Common Stock Authorized 6,000,000,000 shares, $0.0833 par value; 704,038,218 shares issued and outstanding at January 29, 2011; 744,644,454 shares issued and outstanding at January 30, 2010. Preferred Stock Authorized 5,000,000 shares, $0.01 par value; no shares were issued or outstanding at January 29, 2011 or January 30, 2010 See accompanying Notes to Consolidated Financial StatementsExplanation / Answer
1.
Total Assets/Liabilities and shareholder's equity in 2010 = $43705
Total Assets/Liabilities and shareholder's equity in 2010 = $44533
Common Sizing Analysis
2010 % 2011 % Assets: Cash and cash equivalents 3.91 4.92 Credit Card receivables 14.07 15.64 Inventory 17.38 16.12 Other current assets 4.01 4.65 Property Land and equipment 13.56 13.00 Building and improvement 52.82 49.72 Fixtures nad improvement 11.30 10.62 Computer hardware and software 5.80 5.78 Construction in progress 1.30 1.23 Accumulated depreciation (26.44) (23.54) Other non-current assets 2.29 1.86 Total 100 100 Liabilities and shareholder's equity: Accounts Payable 15.16 14.62 Accrued and other non current liabilities 7.61 7.00 Unsecured debt and other borrowings 0.27 1.79 Non recourse debt collateralised (current) 2.02 Unsecured debt and other borrowings 26.67 23.90 Non secured debt collateralised (non current) 9.05 10.05 Deferred income taxes 2.14 1.88 Other non current liabilities 3.68 4.28 Common Stock 0.13 0.14 Additional paid in capital 7.58 6.55 Retained earnings 29.05 29.07 Accumulated losses (1.33) (1.30) Total 100 100Related Questions
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