Accounting proyect
...tal assets in Men´s Wearhouse corporation most significant: Inventory and Property Plant and Equipment Accounts with significant changes during the year Cash and Cash Equivalents Financial Statements How much in cash did the company have at the end of the current year? Did cash increase or decrease from the prior year? Cash And Cash Equivalents February 2, 2002 $38,644,000 Prior year $84,426,000 Decrease by an amount of $45782.00 percentage 46% 2.- Amount for Property and Equipment Property Plant And Equipment August 3,2002 May 4, 2002 $209,217,000 $211,520,000 Total Assets $723,981,000 $736,134,000 Percentage of total assets compromised 29% 28% 3.- Total assets at the end of the prior year $707,734,000 Current year $717,869,000 4.- Total current liabilities February 2, 2002 $207,986,000 Prior year $212,747,000 Decrease by an amount of $4761.000 percentage 23% 5.- Accounts in explaining the changes in total assets in Men´s Wearhouse corporation most significant: Inventory and Property Plant and Equipment Accounts with significant changes during the year Cash and Cash Equivalents  1.- method used to account for inventories : ¨Our inventory is carried at the lower of cost or market. Cost is determined on the first-in, first-out method for approximately 74% of our inventory and on the retail inventory method for the remaining 26%. Our inventory cost also includes estimated procurement and distribution costs (warehousing, freight, hangers and merchandising costs) associated with the inventory, with the balance of such costs included in cost of sales¨¨ 2.- Notes receivable, no notes receivable found yet 3. - Retirement Plan manage the new retirement plan, which is considered a model for other states and possibly the national Social Security system 4.- Issue stock options They invest in all people ...