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Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2.280 $3,640 Accumulated
Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2.280 $3,640 Accumulated depreciation equipment Accounts payable Prepaid rent 150 1.140 Equipment 6,980 Patents 2,340 720 920 Stock investments (long-term) Debt investments (short-term) 1690 Notes payable (long-term) Retained earnings Accounts receivable 8.350 1.860 Income taxes payable 140 Cash 1.270 1.460 Inventory TEXAS INSTRUMENTS, INC. Balance Sheet (in millions) Assets Current Assets Cash 1460 1690 Debt investments 1140 Accounts Receivable 1270 Inventory 150 Prepaid Rent Total Current Assets
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