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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 $3,006 Prepaid rent
Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $3,006 Prepaid rent Equipment Stock investments (long-term) Debt investments (short-term) 1,803 Income taxes payable Cash 224 6,765 697 188 1,242 Accumulated depreciation-equipment $3,607 Accounts payable Patents Notes payable (long-term) Retained earnings Accounts receivable Inventory 1,519 2,270 870 6,956 1,883 1,262 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.)
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