Prepare a classified balance sheet for yahoo inc

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Reference no: EM131988256

Problem

Suppose the following items are taken from the 2014 balance sheet of Yahoo! Inc. (All dollars are in millions.)

Goodwill	$3,980
Common stock	6,313
Equipment	1,802
Accounts payable	133
Patents	242
Stock investments (long-term)	3,002
Accounts receivable	1,132
Prepaid rent	222
Debt investments (short-term)	1,220
Retained earnings	5,803
Cash	2,009
Notes payable (long-term)	713
Unearned sales revenue	406
Accumulated depreciation-equipment	241

Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2014. (List current assets in order of liquidity.)

Reference no: EM131988256

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