Problem

Tech Tool: Spreadsheet SoftwareValencia Orange Inc. has asked for your assistance in addin...

Tech Tool: Spreadsheet Software

Valencia Orange Inc. has asked for your assistance in adding some XBRL tags to its financial statements.

1. Download the data file for this exercise.

2. Use the information in Figure to write the XBRL tags for the following selected items on Valencia Orange’s statement of financial position at August 31, 2011.

a. Long-term debt noncurrent $4,172.5 million


b. Other liabilities noncurrent $391.5 million


c. Commitments and contingencies $0


d. Common stock $3 million

FIGURE

Sample XBRL Instance Document

Pair and Share: What is the currency used in this XBPL instance document?

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