Question

ourses/37451/assignments/3975596?module_item_id=12665195 VIEWS Current Attempt in Progress Suppose the following items are taken from the 2022 balance sheet of Yahoo! Inc. (All dollars are in millions.) Goodwill Common stock Equipment Accounts payable Patents Stock investments (long-term) Accounts receivable Prepaid rent Debt investments (short-term) Retained earnings Cash Notes payable (long-term) Unearned sales revenue Accumulated depreciation-equipment $3,830 6,130 1,730 170 240 3,240 1,030 200 1,260 6,110 2,210 710 380 240 Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2022. (List Current Assets in order of liquidity.) YAHOO! INC. 2/15/200201

Answer 1

ASSETS Current Assets Cash Debt Investments Accounts Receivable Prepaid Rent Yahoo! Inc. Balance Sheet December 31, 2022 LIABILITIES Current Liabilities 2210 Accounts Payable 1260 Unearned revenue 1030 200 170 380 Total Current Assets 4700 Total Current Liabilities 550 Investments 3240 Long term Liabilities Notes Payable Total Long term Liabilities 710 710 Property, plant & equipment Equipment Less: accumulated depreciation Property, plant & equipment-net 1730 (240) 1490 Total Liabilities 1260 Intangible Assets Goodwill STOCKHOLDERS' EQUITY Common Stock Retained Earnings Total stckholders' equity 3830 240 4070 Patents Total Intangible Assets 6130 6110 12240 Total Assets $ 13500 Total liablities and Stockholder's equity $13500