Wednesday, 24 August 2011

The following items were taken from the December 31, 2006 assets section of the Champion Company balance sheet. (All dollars are in millions.) Inve...

Inventories $10,265 other current assets $3,594

Notes receivable—due after Property, plant, and

December 31, 2007 15,963 equipment 24,454

Notes receivable—due before Cash and cash equivalents 7,748

December 31, 2007 470 Accounts receivable 6,694

Accumulated depreciation 14,735 other noncurrent assets 4,795

Intangible assets 6,010 Short-term investments 341

Complete the assets section of a classified balance sheet.

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