User Account

All Pages

Which of pep boys current assets had the largest balance

Assignment Help Accounting Basics
Reference no: EM13924951

Using either the most current Form 10-K for The Pep Boys Manny, Moe & Jack, or the companys annual report, answer the questions below. To obtain the Form 10-K either use the EDGAR system following the instructions in Appendix A, or the companys website. The companys annual report is available on its website.

Required: 

a. What is Pep Boys current ratio? 

b. Which of Pep Boys current assets had the largest balance? 

c. What percentage of Pep Boys total assets consisted of current assets? 

d. Did Pep Boys have any currently maturing long term debt included in current liabilities on its balance sheet? 

e. If Pep Boys were a company that manufactured auto parts rather than a retailer of auto parts, how do you think its balance sheet would be different?

Reference no: EM13924951

Questions Cloud

How would creating a new coordinating position : How would creating a new coordinating position between the CEO and the location managers help the business to grow? Is promoting an existing manager the best option to fill this position? If not, what is an alternative source to fill the position
Media and its effect on the behavior of children : The media is a source that has been established as an influential means that has been blamed for the behaviors of children. Children are like sponges that absorb everything they see and hear.
Product design and capacity determination : Should a firm attempt to have fewer or more suppliers What are the advantages and disadvantages of each approach? How is process selection related to product design and capacity determination?
Firm has market value equal to its book value : A firm has a market value equal to its book value. Currently, the firm has excess cash of $600 and other assets of $5,400. Equity is worth $6,000. The firm has 500 shares of stock outstanding and net income of $1,035. What will the new earnings per s..
Which of pep boys current assets had the largest balance : Which of Pep Boys current assets had the largest balance?
Measure the performance of the case-study : Literature review; to define the criteria required to measure performance of the case- study and identifying the case-study , introducing the case-study and find relevant information.
Focus of the article applied eugenics : The main focus of the article Applied Eugenics, written by P. Popenoe and R.H. Johnson, is that it would be detrimental to the American gene pool to allow foreigners to immigrate to Unites States soil.
What is the incremental annual cash flow for year : Daily Enterprises is contemplating the acquisition of some new equipment. The purchase price is $31,000. The equipment has a 4-year life. The company expects to sell the equipment at the end of year 4 for $7,000. What is the incremental annual cash f..
The civil rights act of 1964 : Determine which class protected by Title VII of the Civil Rights Act of 1964 had the greatest impact on the workforce of the 20th century. Next, determine which class might have the greatest impact on the workforce of the 21st century. Support you..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Amount of the acquired net capital loss

What amount of the acquired net capital loss of $80,000 can be used to offset Gate Corp's net capital gain for 2010?

  Determine maintained proper custody of investment securities

Consider the charges brought against the BLMIS auditor, David Friehling, regarding his failure to complete certain audit steps. If you were auditing BLMIS, what type of evidence would you like to review to determine whether BLMIS had purchased

  Prepare the lower portion of the 2013 income statement

the following are partial income statement account balances taken from the december 31 2013 year-end trial balance of

  Problem on disbursements for manufacturing overhead

The company's budgeted fixed manufacturing overhead is $77,220 per month, which includes depreciation of $9,720. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead o..

  Rules of debit and credit

Which pair of accounts follows the rules of debit and credit, in relation to increases and decreases, in the same manner?

  Personality characteristics paper

Prepare a 1,050- to 1,750-word paper in which you discuss at least three of your personality characteristics. Using your life experiences, explain how these characteristics were developed. Such life experiences may include the following items:

  Incremental profit or loss

Claire Whitney, a college student is contemplating the following options for her 3-month summer break: (1) Take a summer course which will cost $700 and work half-time making $1,000 per month. (2) Work full time at the local dinner making $2,000 per ..

  Calculating the allowance for doubtful accounts

Why would you use the percentage of sales method for calculating doubtful accounts as opposed to the percentage of receivables method? Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calcul..

  The hospital currently charges an add-on rate calculated

boerne community hospital has been under increasing pressure to be accountable for its patient charges. the hospitals

  Mercury bag company produces cases of grocery bags the

mercury bag company produces cases of grocery bags. the managers at mercury are trying to develop budgets for the

  Overhead costs using sequential method

The company does not break overhead into fixed and variable components. The bases for allocation are: power-machine hours, general factory-square feet, and personnel-number of employees. 1. Allocate the overhead costs to the producing departments ..

  Bertha is considering taking an early retirement offered by

bertha is considering taking an early retirement offered by her employee. she would receive 3000 per month indexed for

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd