Luxury Shoe Warehouse, Inc. is a designer shoe warehouse, selling some of the most luxurious and
fashionable shoes at prices that people can actually afford. Its balance sheet, at February 2, 2013,
contained the following (listed alphabetically, amounts in thousands).
Accounts Payable $ 290,700
Accounts Receivable 117,000
Cash 318,700
Common Stock 847,100
Equipment 453,500
Inventory 396,000
Notes Payable 129,300
Retained Earnings 18,100
Total Assets 1,285,200

 

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