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Homework: Assignment #2-Chapters #6-#10 Score: 0 of 2 pts End of Chapter A. 13 S

ID: 1151320 • Letter: H

Question

Homework: Assignment #2-Chapters #6-#10 Score: 0 of 2 pts End of Chapter A. 13 Save 4 of 25 (23 complete) HW Score: 83.33%, 41.67 of 50 pts Use the information in the following table on the financia Current assets situation of a large company as of September 28, 2014 (the end of the firm's financial year), to prepare the a balance sheet for the firm. $1,772 million 2,136 million Property and equipment 2,999 million 994 million 281 million 260 million Fill in the remaining amounts below. All amounts are given in millions (enter your responses as integers). Current liabilities Long-term liabilities Goodwill Other assets Assets Liabilities and Stockholders' Equity Current assets Property and equipment Goodwill Other assets Total assets $1,772Current liabilities 2,136 994 2,999 Long-term liabilities 281 Total liabilities 260 Stockholders' equity Total liabilities and stockholders' equity Enter your answer in the edit fields and then click Check Answer All parts showing Clear All Check Answer

Explanation / Answer

Assets Liabilities and Stockholder's equity: Current assets 1772 Current liabilities 2136 Property and Equipment 2999 Long term liabilities 994 Goodwill 281 Total liabilities 3130 Other assets 260 Stockholder's equity (5312-3130) 2182 Total assets 5312 Total Liabilities and Stockholder's equity 5312