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Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.) Goodwill $3,810 Common stock 6,180 Equipment
Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.)
Goodwill $3,810
Common stock 6,180
Equipment 1,840
Accounts payable 140
Patents 210
Stock investments (long-term) 3,460
Accounts receivable 1,120
Prepaid rent 210
Debt investments (short-term) 1,030
Retained earnings 6,420 Cash 2,350
Notes payable (long-term) 730
Unearned sales revenue 400
Accumulated depreciationequipment 160
Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2017. (List current assets in order of liquidity.)
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