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The current asset portion of Wilderness Outfitters, Inc.'s balance sheet is as follows (in ...

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The current asset portion of Wilderness Outfitters, Inc.'s balance sheet is as follows (in ...

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

Fiscal Year Ended

January 31,

February 2,

2021

2020

Current assets:
Cash and equivalents	$473,342	$116,061
Short-term investments	10,511	503,878
Merchandise inventory	294,928	286,485
Accounts receivable	41,471	31,920
Prepaid expenses and other	59,660	35,486
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.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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More solutions for this book are available here

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yosie Author

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Good timing, thanks!

bahajo

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Correct

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