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Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.) Goodwill $4,020 Common stock 6,490 Equipment

Suppose the following items are taken from the 2017 balance sheet of Yahoo! Inc. (All dollars are in millions.)

Goodwill $4,020
Common stock 6,490
Equipment 1,880
Accounts payable 140
Patents 230
Stock investments (long-term) 3,220
Accounts receivable 1,160
Prepaid rent 220
Debt investments (short-term) 1,300
Retained earnings 6,410
Cash 2,290
Notes payable (long-term) 730
Unearned sales revenue 380
Accumulated depreciationequipment 170

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Prepare a classified balance sheet for Yahool Inc. as of December 31, 2017. (List current assets in order of liquidity.) Yahoo! Inc. Balance Sheet (Amounts are in millions) Assets Current Assets $ Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity U

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