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Prepare the assets section of a classified balance sheet

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Suppose the following items were taken from the December 31, 2017, assets section of the Boeing Company balance sheet. (All dollars are in millions.)

Inventory$17,370

Patents$12,140

Notes receivable-due after December 31, 2018 5,620

Buildings20,650

Notes receivable-due before December 31, 2018 330

Cash 7,600

Accumulated depreciation-buildings 13,400

Accounts receivable 5,560

Debt investments (short-term) 1,560

Question 1: Prepare the assets section of a classified balance sheet. (List the current assets in order of liquidity.)

Reference no: EM132580172

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