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# Chapter 2, Homework 1 Question 4 of 5 - /20 View Policies Current Attempt in Progress Suppose the following items were taken from the

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# Chapter 2, Homework 1 Question 4 of 5 - /20 View Policies Current Attempt in Progress Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock Prepaid rent Equipment Stock investments (long-term) Debt investments (short-term) Income taxes payable Cash $3,320 165 6,130 610 1,920 180 1.260 Accumulated depreciation-equipment Accounts payable Patents Notes payable (long-term) Retained earnings Accounts receivable Inventory $3,320 1,520 2,320 770 6,285 1.700 1,290 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.) TEXAS INSTRUMENTS, INC. Balance Sheet (in millions) Chapter 2, Homework 1 - /20 uestion 4 of 5 TEXAS INSTRUMENTS, INC. Balance Sheet (in millions) Assets $ $ 1

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