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

Cash 318,700

Common Stock 847,100

Equipment 453,500

Inventory 396,000

Notes Payable 129,300

Retained Earnings 18,100

Total Assets 1,285,200

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