Suppose the following items are taken from the 2014 balance sheet of Starbucks Corporation. (All dollars are

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Suppose the following items are taken from the 2014 balance sheet of Starbucks Corporation. (All dollars are in millions.)

Goodwill $ 477 Common stock 40 Equipment 3,036 Accounts payable 391 Stock investments (long-term) 280 Accounts receivable 288 Prepaid rent 278 Debt investments (current) 157 Retained earnings 2,244 Cash 281 Notes payable (noncurrent) 550 Notes payable (current) 1,468 Unearned sales revenue (current) 297 Bonds payable 354 Inventory 692 Accumulated depreciation—equipment 145 Instructions Prepare a classified balance sheet for Starbucks Corporation as of September 30, 2014.

AppendixLO1

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Accounting Tools For Business Decision Making

ISBN: 9781118771112

5th Edition

Authors: Kimmel, Wetlands, Kieso

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