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Chapter+02,+1+-+The+Balance+Sheet+and+the+Income+Statement-1

Chapter+02,+1+-+The+Balance+Sheet+and+the+Income+Statement-1...

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The Balance Sheet - Introduction Dated at a particular time Assets: economic resources, positive economic value Current and Fixed Liabilities: obligation, impending settlement of a previous event Current and Long-Term Equity: residual claims to owners Treasury Stock Day 03: Chapter 02 1
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Day 03: Chapter 02 2 Current Assets Current Liabilities Cash And Cash Equivalents 2,387 M $ Accounts Payable 2,916 M $ Net Receivables 1,179 M $ Short/Current Long Term Debt 8 M $ Inventory 110 M $ Other Current Assets 693 M $ Other Current Liabilities Total Current Assets 4,369 M $ Total Current Liabilities 2,925 M $ Fixed Assets Long Term Debt Long Term Investments 1,335 M $ Long Term Debt 11,497 M $ Property Plant and Equipment 22,061 M $ Deferred Long Term Liability Charges 1,332 M $ Goodwill 2,586 M $ Intangible Assets Other Assets 1,625 M $ Other Liabilities 1,587 M $ Total Fixed Assets 27,607 M $ Total Long Term Debt 14,416 M $ Stockholders' Equity Common Stock 17 M $ Retained Earnings 33,812 M $ Treasury Stock 25,143 M -$ Capital Surplus 5,196 M $ Other Stockholder Equity 753 M $ Total Assets 31,975 M $
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