Question
Suppose the following information (in thousands of dollars) is available for H.J. Heinz Company famous for ketchup and other fine food productsfor the year ended
Suppose the following information (in thousands of dollars) is available for H.J. Heinz Companyfamous for ketchup and other fine food productsfor the year ended April 30, 2017.
Prepaid insurance | $ 125,765 | Buildings | $4,033,369 | |||
Land | 76,193 | Cash | 373,145 | |||
Goodwill | 3,982,954 | Accounts receivable | 1,171,797 | |||
Trademarks | 757,907 | Accumulated depreciationbuildings | 2,131,260 | |||
Inventory | 1,237,613 |
Prepare the assets section of a classified balance sheet. (List current assets in order of liquidity.)
H.J. Heinz Company Partial Balance Sheet For the Year Ended April 30, 2017For the Month Ended April 30, 2017April 30, 2017 (in thousands) | ||||||
Assets | ||||||
Stockholders' EquityIntangible AssetsProperty, Plant and EquipmentTotal AssetsTotal Property, Plant and EquipmentTotal Intangible AssetsTotal Current AssetsTotal Long-Term InvestmentsTotal Long-Term LiabilitiesCurrent AssetsTotal LiabilitiesTotal Stockholders' EquityCurrent LiabilitiesLong-Term InvestmentsLong-Term LiabilitiesTotal Liabilities and Stockholders' EquityTotal Current Liabilities | ||||||
$ | ||||||
Long-Term LiabilitiesTotal AssetsStockholders' EquityTotal LiabilitiesTotal Long-Term LiabilitiesTotal Property, Plant and EquipmentIntangible AssetsTotal Current AssetsLong-Term InvestmentsTotal Current LiabilitiesTotal Intangible AssetsTotal Stockholders' EquityCurrent AssetsTotal Long-Term InvestmentsCurrent LiabilitiesProperty, Plant and EquipmentTotal Liabilities and Stockholders' Equity | $ | |||||
Total AssetsTotal Stockholders' EquityTotal Liabilities and Stockholders' EquityIntangible AssetsLong-Term InvestmentsTotal LiabilitiesTotal Current AssetsTotal Long-Term InvestmentsTotal Property, Plant and EquipmentCurrent LiabilitiesTotal Long-Term LiabilitiesCurrent AssetsTotal Current LiabilitiesStockholders' EquityTotal Intangible AssetsProperty, Plant and EquipmentLong-Term Liabilities | ||||||
$ | ||||||
Add Less : | ||||||
Property, Plant and EquipmentTotal Current AssetsCurrent AssetsTotal Stockholders' EquityTotal Property, Plant and EquipmentTotal Intangible AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsTotal LiabilitiesLong-Term LiabilitiesStockholders' EquityTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal AssetsTotal Long-Term InvestmentsTotal Long-Term Liabilities | ||||||
Current Assets Long-Term Investments Total Current Liabilities Long-Term Liabilities Total Current Assets Property, Plant and Equipment Total Property, Plant and Equipment Total Assets Current Liabilities Total Intangible Assets Total Liabilities and Stockholders' Equity Total Long-Term Investments Intangible Assets Total Liabilities Stockholders' Equity Total Long-Term Liabilities Total Stockholders' Equity | ||||||
Current AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-Term InvestmentsTotal Property, Plant and EquipmentTotal Long-Term LiabilitiesCurrent LiabilitiesIntangible AssetsTotal Current AssetsTotal Stockholders' EquityLong-Term InvestmentsProperty, Plant and EquipmentTotal AssetsStockholders' EquityLong-Term LiabilitiesTotal Intangible AssetsTotal Liabilities | $ |
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