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The following items are taken from the 2008 balance sheet of Yahoo! Inc. (All dollars are in thousands.) Intangible assets $3,926,749 Common stock 6,282,504 Property
The following items are taken from the 2008 balance sheet of Yahoo! Inc. (All dollars are in thousands.) Intangible assets $3,926,749 Common stock 6,282,504 Property and equipment, net 1,536,181 Accounts payable 151,897 Other assets 233,989 Long-term investments 3,247,431 Accounts receivable 1,060,450 Prepaid expenses and other current assets 233,061 Short-term investments 1,159,691 Retained earnings 4,968,438 Cash and cash equivalents 2,292,296 Long-term debt 733,891 Accrued expenses and other current liabilities 1,139,894 Unearned revenuecurrent 413,224 Instructions Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2008. Tot. current assets $4,745,498 Tot. assets $13,689,848
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