E 2-5 - E-2.5 Buad 305 Texas Instruments Inc Balance...

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E-2.5 Texas Instruments, Inc. Buad 305 Balance Sheet Decemeber 31, 2004 (in millions) Assets Current assets Cash $ 2,668 Accounts receivable 1,696 Short-term investments 3,690 Inventories 1,256 Prepaid expenses 326 other current assets 554 Total current assets 10,190 Long-term assets Long-term investments 264 Property, Plant, and equipment $ 9,573 Less: Accumulated depreciation -5,655 3,918 other noncurrent assets 1,927 total long-term asets assets 6,109 Total assets $ 16,299 Liabilities and Stockholders' Equity Current liablity Accounts payable $ 1,444 loans payable in 2005 11 Other current liabilities 470 Total current liabilities $ 1,925 Long-term liability Long-term debts 368 other noncurrent liabilities 943 1311 Total liabilities 3,236 Stockholder's equity Common stock 2,488 Retained earnings 10,575 Total stockholders' equity 13,063 Total liabilities and stockholders' equity 16,299 E- 2.11 A) 2.Going concern assumption B). 6. Economic entity assumption C.3. Monetary unit assumption D). T4ime period assumption E). 5. cost principle F). 1. Full disclosure principle E-5-8 Knitz Company Income statements
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