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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,
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. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) in alphabetical order: Accounts payable Accounts receivable, net Accrued compensation Additional paid-in capital Cash and cash equivalents Common stock, 67,820,798 shares outstanding Goodwill Inventories Long-term debt $ 99,249 210,723 44,901 1,598,678 35,409 80,199 1,318,362 173,456 1,245,959 Other assets (noncurrent) Other current assets Other intangible assets, net Other long-term liabilities Other payables and accrued liabilities Prepaid expenses and other Property, plant, and equipment, net Retained earnings Short-term debt $ 48,173 138,859 1,373,800 416,894 102,403 33,410 501,884 196,793 49,000 Required: 1. Prepare a classified consolidated balance sheet for Snyder's-Lance for the current year (ended December 31). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) SNYDER'S-LANCE Consolidated Balance Sheet At December 31, Current Year (in millions) Assets Current Assets: Total current assets 0 Total assets $ 0 Liabilities and Stockholders' Equity Current liabilities: Total current liabilities 0 Total liabilities 0 Stockholders' Equity 0 Total stockholders' equity Total liabilities and stockholders' equity 0
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