Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for fiscal year ended January 28, 2017, are shown below.
Bargain Deal, Inc.
Balance Sheet
At January 28, 2017
($ in millions)
Assets
Current assets:
Cash and cash equivalents
Short-term investments
Accounts receivable (net)
Inventory
Other current assets
Total current assets
Long-term assets
Total assets
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable
Other current liabilities
Total current liabilities
Long-term liabilities
Shareholders' equity
Total liabilities and shareholders' equity
S 2,146
1, 322
1,247
5,068
426
10,209
3, 718
$13,927
S 5,300
4,175
9,475
2,250
2,202
S13, 927