list of financial statement items for Morales Company includes the following: accounts receivable $14,000; prepaid insurance $2,600;

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list of financial statement items for Morales Company includes the following:

accounts receivable $14,000; prepaid insurance $2,600; cash $10,400; supplies $3,800; and debt investments (short-term) $8,200. Prepare the current assets section of the balance sheet listing the items in the proper sequence.

BE2-3 The following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $9,043; net income $220; preferred dividend

$0; and average shares outstanding 333 million. Compute the earnings per share for Limited Brands.

AppendixLO1

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