La-Z-Boy Inc. (LZB) is one of the worlds largest manufacturer of furniture and is best...
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Accounting
La-Z-Boy Inc. (LZB) is one of the worlds 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 $ 94,152 Accounts receivable 139,341 Accrued expenses 449,904 Accumulated depreciation (375,853) Common stock 45,361 Cash 394,703 Intangible assets 206,245 Inventories 226,137 Debt due within one year 67,614 Long-term debt 295,023 Other current assets 165,979 Other long-term assets 434,723 Other long-term liabilities 97,483 Other stockholders equity items 337,775 Property, plant, and equipment 595,047 Retained earnings 399,010 Prepare a classified balance sheet as of April 30. List intangible assets as its own separate item afte
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