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Exercise 2-3 Suppose the following items were taken from the December 31, 2017, assets section of theBramble Corp.balance sheet. (All dollars are in millions.) Inventory

Exercise 2-3

Suppose the following items were taken from the December 31, 2017, assets section of theBramble Corp.balance sheet. (All dollars are in millions.)

Inventory $16,570 Patents $11,190
Notes receivabledue after December 31, 2018 5,400 Buildings 21,980
Notes receivabledue before December 31, 2018 360 Cash 8,200
Accumulated depreciationbuildings 13,310 Accounts receivable 5,620
Debt investments (short-term) 1,620

Prepare the assets section of a classified balance sheet.(List the current assets in order of liquidity.)

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