Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

ct Homework #1 i Sa Recent balance sheets are provided for Twitter, Incorporated, a global platform for real-time public self- ASSETS TWITTER, INCORPORATED CONSOLIDATED

image text in transcribedimage text in transcribed

ct Homework #1 i Sa Recent balance sheets are provided for Twitter, Incorporated, a global platform for real-time public self- ASSETS TWITTER, INCORPORATED CONSOLIDATED BALANCE SHEETS (In thousands, unless otherwise specified) December 31, 2019 December 31, 2018 Current assets: Cash and cash equivalents $1,799,082 $1,894,444 Short-term investments 4,839,970 4,314,957 Accounts receivable 850,184 788,700 Prepaid expenses and other current assets 130,839 112,935 Total current assets 7,620,075 7,111,036 Property and equipment, net 1,031,781 885,078 Operating lease right-of-use assets 697,095 Intangible assets 1,311,805 1,272,294 Other noncurrent assets 2,042,633 894,164 $12,703,389 $10,162,572 Total assets LIABILITIES AND STOCKHOLDERS EQUITY Current liabilities: Accounts payable Accrued and other current liabilities Operating lease liabilities, short-term Finance lease liabilities, short-term Total current liabilities Notes payable Operating lease liabilities, long-term Finance lease liabilities, long-term Other long-term liabilities Total liabilities Stockholders' equity: Common stock $ 0.000005 par value Additional paid-in capital Retained earnings (accumulated deficit) Total stockholders' equity Total liabilities and stockholders' equity 146,959 $161,148 500,893 $145,186 1,303,079 23,476 68,046 832,476 2,508,800 609,245 205 48,277 3,999,003 1,516,311 1,730,922 24,394 85,351 3,356,978 4 8,692,796 8,259,663 11,586 (1,454,073) 8,704,386 6,805,594 $10,162,572 $12,703,389

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and managerial accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

1st edition

978-1118016114

Students also viewed these Accounting questions