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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.) Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.)
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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