Prepare the assets section of a classified balance sheet

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Reference no: EM131805294

Problem 1

Suppose the following information (in thousands of dollars) is available for H.J. Heinz Company-famous for ketchup and other fine food products-for the year ended April 30, 2014.

Prepaid insurance

$ 123,093

Buildings

$4,009,027

Land

75,709

Cash

372,597

Goodwill

3,901,072

Accounts receivable

1,219,707

Trademarks

797,607

Accumulated depreciation-buildings

2,150,329

Inventory

1,201,723



Prepare the assets section of a classified balance sheet.

Problem 2

Suppose the following information (in thousands of dollars) is available for H.J. Heinz Company-famous for ketchup and other fine food products-for the year ended April 30, 2014.

Prepaid insurance

$ 123,093

Buildings

$4,009,027

Land

75,709

Cash

372,597

Goodwill

3,901,072

Accounts receivable

1,219,707

Trademarks

797,607

Accumulated depreciation-buildings

2,150,329

Inventory

1,201,723



Prepare the assets section of a classified balance sheet.

Reference no: EM131805294

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