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Author Question: The current asset portion of Wilderness Outfitters, Inc.'s balance sheet is as follows (in ... (Read 25 times)

tspaw0811

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on: Feb 5, 2023
The current asset portion of Wilderness Outfitters, Inc.'s balance sheet is as follows (in $000s).

​​Fiscal Year Ended
​January 31,February 2,
​20212020
Current assets:​​
  Cash and equivalents$473,342$116,061
  Short-term investments10,511503,878
  Merchandise inventory294,928286,485
  Accounts receivable41,47131,920
  Prepaid expenses and other59,66035,486
  Deferred income taxes    45,447      47,004
Total current assets$925,359$1,020,834

Required:

Prepare a horizontal analysis of Wilderness's current assets, rounding your answers to one decimal place.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by tspaw0811 on Feb 5, 2023

annaelena92

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Reply #1 on: Feb 5, 2023
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tspaw0811

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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