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Suppose the following items were taken from the December 31, 2017, assets section of the Bonita Industries balance sheet. (All dollars are in millions.)
Suppose the following items were taken from the December 31, 2017, assets section of the Bonita Industries balance sheet. (All dollars are in millions.) Inventory $16,940 Patents $13,190 Notes receivable-due after December 31, 2018 Notes receivable-due before December 31, 2018 4,900 Buildings 21,740 335 Cash 7,700 Accumulated depreciation-buildings 13,310 Accounts receivable 5,570 Debt investments (short-term) 1570 Prepare the assets section of a classified balance sheet. (List the current assets in order of liquidity)
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