Data Table Cortland, Inc. Balan ce Sheet (Excerpt, Adapted) (In Millions of S) Current assets: Cash and cash equivalents Short-term marketable securities Accounts receivable, less allowance of $76 and $84, respectively Inventories Vendor non-trade receivables Other current assets Sep. 24, 2016 Sep. 26, 2015 21,447 25,924 16,411 2,272 13,282 15,789 107,470 15,658 $ 40,385 17,639 2,027 13,857 8,245 109,104 Total current assets Print Done
Homework Answers
Required answer is as following
| Millions | ||
| Customers owed Cortland Inc | $ 17,715 | |
| Cortland inc expected not to Collect | $ 76 | |
| Cortland inc expected to collect- Net realizable value | $ 17,639 | =17715-76 |
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