December 31 2011 2010 ASSETS Current assets Cash and cash equivalents Short-term investments at cost which approximates market Accounts and notes receivable, less allowance: $128.3 in 2011 and $112.0 in 2010 Inventories Prepaid expenses, taxes, and other current assets Total current assets Investments in affiliates and other assets Property, plant, and equipment, net Intangible assets, net Total assets $ 1,888.5 1,588.5 $ 226.9 1,629.3 1,883.4 169.9 924.7 499.8 768.8 426.6 $4,842.3 1,707.9 7,442.0 6,959.0 $20,951.2 $ 5,164.1 1,756.6 8,855.6 7,929.5 $23,705.8 IABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Shortterm borrowin gs Accounts payable Income taxes payable Accrued compensation and benefits Accrued marketing Other current liabilities $ 2,191.2 $ 706.8 1,164.8 1,390.0 823.7 726.0 400.9 1,043.1 $ 6,574.9 7,442.6 1,342.0 621.1 638.9 327.0 1,099.0 $ 4,557.6 7,964.8 1,390.8 1,682.3 $15,595.5 Total current liabilities Longterm debt Other liabilities Deferred income taxes 2,007.6 $17,367.1 Total liabilities Stockholders' equity Capital stock, par value $1 per share: authorized 1,800.0 million shares, 14.4 million and 7.4 million shares issued at December 31, 2011 and 2010, respect ively Capital in excess of par value Retained earnings Other comprehensive income (loss) Less: Treasury stock, at cost: 64.3 shares in 2011 and 2010 Total stockholders' equity Total liabilities and stockholders' equity $ $ 14.4 7.4 879.5 6,541.9 (183.9) (913.2) $ 6,338.7 $23,705.8 674.6 5,439.7 (99.0) (667.0) $ 5,355.7 $20,951.2 .. Calculate the percentage that Corcoran's total assets increased by during 2011 (in percentage terms, rounded to one decimal place).

The starr theater, owned by meg vargo, will begin operations in march. the starr will be unique in that it will show only triple features of sequential theme movies. as of march 1, the ledger of starr showed: cash $3,150, land $22,000, buildings (concession stand, projection room, ticket booth, and screen) $10,000, equipment $10,000, accounts payable $7,300, and owner’s capital $37,850. during the month of march, the following events and transactions occurred.mar. 2 rented the three indiana jones movies to be shown for the first 3 weeks of march. the film rental was $3,600; $1,600 was paid in cash and $2,000 will be paid on march 10.3 ordered the lord of the rings movies to be shown the last 10 days of march. it will cost $200 per night.9 received $4,500 cash from admissions.10 paid balance due on indiana jones movies rental and $2,200 on march 1 accounts payable.11 starr theater contracted with adam ladd to operate the concession stand. ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.12 paid advertising expenses $900.20 received $5,100 cash from customers for admissions.20 received the lord of the rings movies and paid the rental fee of $2,000.31 paid salaries of $2,900.31 received statement from adam ladd showing gross receipts from concessions of $6,000 and the balance due to starr theater of $900 ($6,000 × 15%) for march. ladd paid one-half the balance due and will remit the remainder on april 5.31 received $9,200 cash from customers for admissions.1.) enter the beginning balances in the ledger.2.) journalize the march transactions. starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. record journal entries in the order presented in the problem. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)3.) post the march journal entries to the ledger. (post entries in the order of journal entries presented in the previous question.)