Question
Corporation provides a broad range of high-technology products and support services to the building systems and aerospace industries. Those products include Pratt & Whitney aircraft
Corporation provides a broad range of high-technology products and support services to the building systems and aerospace industries. Those products include Pratt & Whitney aircraft engines, Carrier heating and air conditioning equipment, Otis elevators, and Sikorsky helicopters. Planet Technologies' September 30, 2011, balance sheet included the following items ($ in millions): LOADING...(Click the icon to view the information.) Requirement Prepare a condensed balance sheet, including amounts for 1. Cash. 2. Total Stockholders' Equity. 3. Other Stockholders' Equity. Begin by preparing the assets section, then complete the balance sheet by preparing the liabilities and stockholders' equity section of the statement. Planet Technologies Corporation Balance Sheet September 30, 2011 (in millions) Assets Liabilities and Stockholders' Equity Total liabilities Total stockholders' equity Total assets Total liabilities and stockholders' equity Fixed assets $7,765 Accounts payable 4,031 Common stock 13,734 Cash ? Total stockholders equity ? Long-term debt 9,503 Total assets 60,817 Inventories 8,453 Other assets 41,159 Other stockholders equity ? Other liabilities 23,851
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