Classified balance sheet preparation. The following items were taken from the December3 1.2011. financial statements of Health traners Inc. (All dollars are in millions.) Prepare a classified balance sheet as of December 31, 2011,(LO 3)
|
Property and equipment |
$4776 |
Accounts payable |
1560 |
|
Common stock |
1980 |
Other non current liabilities |
1200 |
|
Long-term investment |
3218 |
Retained earnings |
10348 |
|
Short-term investment |
1689 |
Other current assets |
554 |
|
Cash |
1240 |
Other non current assets |
2487 |
|
Accounts receivable |
1200 |
Current portion of long-term debt |
340 |
|
Inventories |
1134 |
Long-term debt |
870 |