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The Wonka Chocolates is a global confectionery leader known for its branded portfolio of chocolate, sweets, mints, and other great- tasting snacks. Presented here
The Wonka Chocolates is a global confectionery leader known for its branded portfolio of chocolate, sweets, mints, and other great- tasting snacks. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in thousands) in alphabetical order. Accounts payable Accounts receivable, net Accrued short-term liabilities Additional paid-in capital Cash and cash equivalents Common stock (221,553,025 shares outstanding) Goodwill Inventories Long-term debt $559,828 Other assets (noncurrent) 551,509 Other intangibles, net 716,372 Other long-term liabilities 1,104,210 Other payables. 451,262 Prepaid expenses and other current assets 221,553 Property, plant, and equipment, net, 2,029,855 Retained earnings 844,251 Short-term debt 3,580,813 $ 541,033 1,366,166 835,795 22,921 278,060 2,120,259 360,231 780,672 Required: 1. Prepare a classified consolidated balance sheet for The Wonka Chocolates for the current year (ended December 31). Note: Enter your answers in thousands (i.e., 10,000 should be entered as 10).
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