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[ The following information applies to the questions displayed below .] The following accounts are taken from the financial statements of Facebook Inc. at September
[The following information applies to the questions displayed below.]
The following accounts are taken from the financial statements of Facebook Inc. at September 30, 2016. (Amounts are in millions.)
Accounts Payable | $ | 2,600 | |
Accounts Receivable | 3,100 | ||
Cash | 6,000 | ||
Common Stock | 15,700 | ||
Equipment | 7,900 | ||
Income Tax Expense | 790 | ||
Interest Expense | 50 | ||
Notes Payable (long-term) | 3,000 | ||
Prepaid Rent | 1,100 | ||
Retained Earnings | 38,400 | ||
Service Revenue | 7,000 | ||
Short-Term Investments | 20,100 | ||
Software | 21,500 | ||
Required:
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Prepare a classified balance sheet at September 30, 2016. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
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