La-z- boy inc is one of the worlds largest manufacturers of


Question - La-Z- Boy Inc is one of the world's largest manufacturers of furniture and is best known for its reclining chairs. The following data in thousands were adapted from recent financial statements Accounts payable $49,537, Accounts receivable 161,299, Accrued expenses 77,447, Accumulated depreciation 301,199, Capital stock 256,322, Cash 115,262, Intangible assets (trade names) 3,100, Inventories 138,444, Debt due within one year 5,120, Long-term debt 29,937, other current assets 17, 218, other long term assets 37,529, other long term liabilities 67,274, Property, plant and equipment 421,802, Retained earnings 107,818

Prepare a classified balance sheet as of April 30, 20Y8.

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