Chapter 6, Problem 6.7P

Prepare a classified balance sheet at December 31 of the current year.

P6-7. Financial Statement Articulation. Use the Foot Locker, Inc.’s 2015 financial statements found in its 2015 annual report to complete the following financial statement articulation worksheets. You can locate Foot Locker’s financial statements on its Web site or the Securities and Exchange Commission’s Web site of company reports.

STATEMENT OF COMPREHENSIVE INCOME
Revenues:
Expenses:
Net Income or Loss		(A)
Other Comprehensive Income		(B)
Comprehensive Income
STATEMENT OF CASH FLOWS
Operating Activities:
Net Income or Loss	(A)
Investing Activities:
Financing Activities:
Increase (Decrease) in Cash and Cash Equivalents	(G)
Add: Beginning Cash and Cash Equivalents	(E)
Ending Cash and Cash Equivalents	(F)

STATEMENT OF STOCKHOLDERS’ EQUITY

	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning Balance
Net Income	(A)
Other Comprehensive Income		(B)
Dividends
Ending Balance	(C)	(D)

BALANCE SHEETS

	Beginning of Year		End of Year
Assets
Current Assets
Cash and Cash Equivalents		(E)	(F)
Noncurrent Assets
Total Assets
Liabilities
Current Liabilities
Noncurrent Liabilities
Stockholders' Equity
Capital Stock
Additional Paid-in Capital
Retained Earnings			(C)
Accumulated Other Comprehensive Income			(D)
Total Liabilities & Stockholders’ Equity