Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Long- Long- Current $ millions Assets 2018..... $13,709 $ ? Term Assets Total Current Term Total Stockholders' Assets Liabilities Liabilities Liabilities Equity* $36,500 $
Long- Long- Current $ millions Assets 2018..... $13,709 $ ? Term Assets Total Current Term Total Stockholders' Assets Liabilities Liabilities Liabilities Equity* $36,500 $ ? 2017 14,277 23,710 ? 7,687 $19,408 18,678 $26,652 $ 9,848 ? 2016. ? 21,180 32,906 6,219 16,344 22,563 11,622 ? * Includes noncontrolling interest Required -35 a. Compute the missing balance sheet amounts for each of the three years shown. b. Which of the following would not be included among 3M's current assets? Select all that apply. 1. Cash and cash equivalents 2. Property plant & equipment 3. Inventory 4. Accounts payable 5. Marketable securities 6. Goodwill 7. Accrued expenses 8. Prepaid expenses c. Which of the following would be included among 3M's long-term assets? Select all that apply 1. Property plant & equipment 2. Accounts payable 3. Intangible assets 4. Work in process 5. Goodwill 6. Accrued expenses 7. Prepaid expenses 8. Long-term notes payable >
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started