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E5-6 Preparing and Interpreting a Classified Balance Sheet with Discussion of Terminology (Challenging) LO5-3 Snyder's-Lance manufactures, markets, and distributes a variety of snack food products
E5-6 Preparing and Interpreting a Classified Balance Sheet with Discussion of Terminology (Challenging) LO5-3 Snyder's-Lance manufactures, markets, and distributes a variety of snack food products including pretzels, sandwich crackers, kettle chips, cookies, potato chips, tortilla chips, other salty snacks, sugar wafers, nuts, and restaurant style crackers. These items are sold under trade names including Snyders of Hanover, Lance, Cape Cod, Krunchers! Jays, Tom's, Archway, and others. Presented here are the items listed on its recent balance sheet (dollars in millions) in alphabetical order: Accounts payable 5,749 S 24,239 Other assets (noncurrent 74,906 Other current assets Accounts receivable, net 9,850 Accrued compensation 28,562 Other intangible assets, net 25,766 54,070 Additional paid-in capital 49,978 Other long-term liabilities 807 Other payables and accrued liabilities 22,818 Cash and cash equivalents Common stock, 67,820,798 shares outstanding 33,243 Prepaid expenses and others 14,333 201,078 Goodwill 85,110 Property, plant, and equipment, net 161,901 Inventories 44,612 Retained earnings Long-term debt 82,000 Short-term debt 5,400
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