Solution to Problem AP3-6

Solution to Problem AP3-6 - AP36. Req. 1 and 2 (in...

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AP3–6. Req. 1 and 2 (in millions) ASSETS: Cash Marketable Securities Accounts Receivable 1,157 (b) 500 1 ( c) 1 (e) 1,122 (f) 12 (h) 11 (i) 8 (j) 618 8,073 (d) 5 500 (b) 502 618 7,578 Inventories Prepaid Expenses Investments 5,541 (g) 23 1 (d) 1,071 (h) 12 5,394 5,563 1,083 5,394 Property & Equipment (net) Intangibles (net) 63,425 (a) 150 2,583 (j) 8 63,575 2,591 LIABILITIES: Accounts Payable Income Tax Payable Notes Payable 13,391 150 (a) 23 (g) (f) 1,122 2,244 3,858 13,564 1,122 3,858 SHAREHOLDERS' EQUITY: Other Debt Shareholders' Equity (i) 10 30,954 37,415 30,944 37,415 REVENUES AND EXPENSES: Sales Revenue Cost of Sales Wages Expense 5 (d) (d) 1 (e) 1 5 1 1 Utilities Expense Interest Expense (c) 1 (i) 1 1 1
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AP3–6. (continued) Req. 3 Exxon Mobil Corporation Income Statement (unadjusted) For the Month Ended January 31, 2008 (in millions) Revenues: Sales revenue Costs and expenses: Cost of sales Wage expense Utilities expense Operating income Other revenues (expenses): Interest expense
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This note was uploaded on 02/05/2011 for the course ACCT 301 taught by Professor Hasan during the Fall '09 term at George Mason.

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Solution to Problem AP3-6 - AP36. Req. 1 and 2 (in...

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