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Travel Now Inc., reported total cash of $1,600 million at September 30, 2016. Of this amount, $50 million was set aside and could be used

image text in transcribedTravel Now Inc., reported total cash of $1,600 million at September 30, 2016. Of this amount, $50 million was set aside and could be used only to fulfill the requirement of an aviation authority of a certain foreign country to protect against the potential nondelivery of travel services in that country in the short term. Another $510 million was invested in money market funds and time deposits with original maturities of less than 90 days. The remaining $1,040 million was held in bank accounts. Travel Now also reported $520 million in short-term investments (maturing in 90360 days), $63 million of deferred revenue, $795 million of accounts receivable, $280 million of prepaid insurance, and $3,860 of goodwill. Show the current assets section of Travel Now's balance sheet. TIP: Some items are not current assets. (Enter your answers in millions.)

14 $280 million of prepaid insurance, and $3,860 of goodwill. Show the current assets section of Travel Now's balance sheet. TIP: Some items are not current assets. (Enter your answers in millions.) 3 points TRAVEL NOW INC. Balance Sheet (Partial) For the Month Ended September 30, 2016 (in millions) eBook $ 0

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