Actually that wall paint etc is a real pizzer since many Radio Shack stores were unfortunately remodeled recently.
Figure maybe $3,000 each for paint. $10,000 for carpet, $40,000 for new lighting, $100,000 for new custom fixtures, a new illuminated sign out front for $5,000. That cost is depreciated slowly over the life of the lease. The un-depreciated portion appears on the balance sheet as an asset account called "leasehold improvement" or as "furniture and fixtures."
Those leasehold improvements ARE valuable assets, but only to Radio Shack. They need painted walls. That used paint has no value to others :)
The pizzer with balance sheets is the Liabilities are often real (sometimes even understated) but Assets are often just accounting entries (like goodwill). Best outcome by far is for RSH to remain viable if possible. No one wants liquidation... not shareholders, not employees, not creditors. No One. But it looks rather likely.
Lotto123 said> "That is a lot of assets for RSH...especially in wall paint."
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