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Problem 2-1A Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.) $3,927 Goodwill Common stock

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Problem 2-1A Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.) $3,927 Goodwill Common stock Equipment Accounts payable 1,737 Stock investments (long-term) 3,247 1,061 Prepaid rent Debt investments (short-term) Retained earnings 1,160 6,108 2,292 Notes payable (long-term) Unearned sales revenue Accumulated depreciation-equipment 413 201 Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2017. (List current assets in order of liquidity.) Yahoo! Inc. Balance Sheet (Amounts are in millions) Assets Liabilities and Stockholders' Equity

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