Luxury shoe warehouse, inc. is a designer shoe warehouse, selling
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
Common Stock 847,100
Notes Payable 129,300
Retained Earnings 18,100
Total Assets 1,285,200
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