Question

Suppose the following items are taken from the 2014 balance sheet of Yahoo! Inc.
(All dollars are in millions.)
Goodwill ............. $3,927
Common stock.......... 6,283
Equipment............. 1,737
Accounts payable......... 152
Patents.............. 234
Stock investments (long-term)..... 3,247
Accounts receivable........ 1,061
Prepaid rent............ 233
Debt investments (short-term) .... 1,160
Retained earnings......... 6,108
Cash.............. 2,292
Notes payable (long-term) ..... 734
Unearned sales revenue....... 413
Accumulated depreciation—equipment. 201

Instructions
Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2014.



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  • CreatedApril 07, 2014
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