Analysis Of The Balance Sheet Of Blugreens
BUSI 610 SUPPLEMENTAL EXERCISE 1: RATIO ANALYSIS
The balance sheet of Blugreens, a leading drugstore chain, as of August 31, 2009, appears as follows (dollars in millions):
ASSETS
LIABILITIES and STOCHOLDERS’ EQUITY Cash $
450
Accounts payable $ 1,836 Accounts Receivable
955
Other short-‐term payables
1,119 Inventory
3,645
Long-‐term payable
693
The balance sheet of Blugreens, a leading drugstore chain, as of August 31, 2009, appears as follows (dollars in millions):
ASSETS
LIABILITIES and STOCHOLDERS’ EQUITY Cash $
450
Accounts payable $ 1,836 Accounts Receivable
955
Other short-‐term payables
1,119 Inventory
3,645
Long-‐term payable
693