Question
Hello Can someone please help. Honda Motor Corporation of Japan is a leading international manufacturer of automobiles, motorcycles, all-terrain vehicles, and personal watercraft. As a
Hello Can someone please help.
Honda Motor Corporation of Japan is a leading international manufacturer of automobiles, motorcycles, all-terrain vehicles, and personal watercraft. As a Japanese company, it follows Japanese GAAP and reports its financial statements in billions of yen (the sign for yen is ). A simplified version of its recent balance sheet contained the following items (in billions).
Cash and cash equivalents | 800 |
---|---|
Common stock | 379 |
Accounts payable and other current liabilities | 4,297 |
Inventories | 1,374 |
Investments | 689 |
Long-term debt | 1,863 |
Net property, plant, and equipment | 2,158 |
Other assets | 6,404 |
Other liabilities | 1,619 |
Retained earnings | 4,291 |
Total assets | 12,449 |
Total liabilities and stockholders equity | ? |
Trade accounts, notes, and other receivables | 1,024 |
Prepare a balance sheet as of March 31, current year, solving for the missing amount.
Note: Enter your answers in billions rather than in yen (for example, 5,000 billion should be entered as 5,000 rather than 5,000,000,000).
\begin{tabular}{|c|} \hline HONDA MOTOR C \\ \hline Balance \\ \hline (in billions \\ \hline Asset \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline Total assets \\ \hline Liabilit \\ \hline 7 \\ \hline z \\ \hline 7 \\ \hline \\ \hline \\ \hline Total liabilities \\ \hline Stockholder \\ \hline \\ \hline \\ \hline \\ \hline Total stockholders' equity \\ \hline Total liabilities and stockholders' equity \\ \hline \end{tabular}
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