Chapter 3
Balance Sheet
Balance Sheet: Usefulness and Limitations
Classification of Elements
Classification of Elements: Assets
Classification of Elements: Assets
Current Assets—PetSmart, Inc.
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Assets
Noncurrent Assets—PetSmart, Inc.
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Assets
Classification of Elements: Liabilities
Classification of Elements: Liabilities
Classification of Elements: Liabilities
Classification of Elements: Liabilities
Classification of Elements: Liabilities
Liabilities—PetSmart, Inc.
Classification of Elements: Shareholders’ Equity
Shareholders’ Equity—PetSmart, Inc.
Financial Disclosures
Disclosure Notes
Specific Disclosure Notes
Specific Disclosure Notes
Management Discussion and Analysis
Auditors’ Report
Auditors’ Report
Compensation of Directors and Top Executives
Risk Analysis—Using Financial Statement Information
Risk Analysis—Using Financial Statement Information
Liquidity Ratios
Current Ratio
Acid-Test Ratio (Or Quick Ratio)
Financing Ratios
Debt to Equity Ratio
Debt to Equity Ratio
Debt to Equity Ratio
Debt to Equity Ratio
Favorable Financial Leverage
Unfavorable Financial Leverage
Times Interest Earned Ratio
International Financial Reporting Standards
Reporting by Operating Segment
What Amounts Are Reported by an Operating Segment?
Slide 51
Reporting by Geographic Area
Information About Major Customers
End of Chapter 3