FULL SCREEN PRINTER VERSION BACK v i NSTRUCTOR Suppose the f

FULL SCREEN PRINTER VERSION BACK- v i NSTRUCTOR Suppose the following items were taken from the December 31, 2017, assets section of the Vaughn Manufacturing balane sheet. (All dollars are in millions.) Inventory Notes receivable-due after December 31, 2018 Notes receivable-due before December 31, 2018 Accumulated depreciation-buildings $16,010 Patents $11,220 20,910 8,300 5,630 1,630 5,020 Buildings 365 Cash 13,340 Accounts receivable Debt investments (short-term) epare the assets section of a classified balance sheet. (List the current assets in order of liquidity.) Vaughn Manufacturing Partial Balance Sheet For the Month Ended D@comber 31, 2017 Assets Current Assets Cash Accounts Receivable Notes Receivable 8.300 ,630 365 16.010 Debt Investments 93.995 Total Current Assets Version 4.24.4.S asxpolisx I .2000-20iuohnytilex ionainer All Rights Reserved. A Division of 100% SAMSUNG

Solution

PARTIAL BALANCE SHEET FOR THE MONTH ENDED DECEMBER 31, 2017 (IN MILLIONS) ASSETS Current Assets : Amount Notes Recivable ($ 5,020 + $ 365) $                      5,385 Inventory $                    16,010 Cash $                      8,300 Account Receivable $                      5,630 Debt Investment (Short-Term ) $                      1,630