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Suppose the following items were taken from the December 31, 2017, assets section of the Boeing Company balance sheet. (All dollars are in millions.) Inventory

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Suppose the following items were taken from the December 31, 2017, assets section of the Boeing Company balance sheet. (All dollars are in millions.) Inventory Notes receivable-due after December 31, 2018 Notes receivable-due before December 31, 2018 Accumulated depreciation-buildings $16,120 5,450 350 12,580 Patents Buildings Cash Accounts receivable Debt investments (short-term) $11,830 20,000 8,000 5,600 1,600 Prepare the assets section of a classified balance sheet. (List the current assets in order of liquidity.) Boeing Company Partial Balance Sheet December 31, 2017 (in millions) Assets T Current Assets Notes Receivable-due before December 31, 2018 350 Notes Receivable-due after December 31, 2018 5,450 Accounts Receivable 5,600 Cash 8,000 Inventory 16,120 7 Total Current Assets 35,520 T Long-Term Investments Accumulated Depreciation-Buildings 12,580 Total Property, Plant and Equipment ) Buildings 20,000 Less AJAccumulated Depreciation-Buildings L 12,580

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