Prepare a classified balance sheet as of april

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Reference no: EM133118627

Question - La-Z-Boy Inc. (LZB) is one of the world's largest manufacturer of furniture and is best known for its reclining chairs. The following data (in thousands) were adapted from recent financial statements:

Accounts Payable

$62,403

Accounts Receivable

154,055

Accrued expenses payable

118,721

Accumulated depreciation

339,890

Common stock

46,788

Cash

136,871

Intangible assets

93,444

Inventories

184,841

Debt due within one year

223

Long-term debt

199

Other current assets

42,451

Other long-term assets

100,423

Other long-term liabilities

86,205

Other stockholders' equity items

286,784

Property, plant, and equipment

520,772

Retained earnings

291,644

Required - Prepare a classified balance sheet as of April 28.

Reference no: EM133118627

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