Chapter 5 21 i nve s m e nt ina bcb o nd s i nve s t

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Unformatted text preview: companies. Chapter 5-20 LO 2 Identify the major classifications of the balance sheet. Balance Sheet – “Noncurrent Assets” Balance Sheet – “Noncurrent Assets” Balance Sheet ( in t h o us a nd s ) Current asset s Long-Term Investments Ca s h $ 2 8 5 ,0 0 0 I nvest ment s: Securities bonds, stock, and long­term notes For marketable securities, management’s intent determines current or noncurrent classification. Chapter 5-21 I nve s m e nt in A BC b o nd s I nve s t m e nt in UC I nc . No t e s r e c e iva b le La nd h e ld f o r s pe c ula t io n S ink ing f und Pe ns io n f und Ca s h s ur r e nd e r va lue I nve s t m e nt in Unc o n. S ub . T o t a l inve s t m e nt s Propert y, Plant , and Equip. Build ing La nd 3 2 1,6 5 7 2 5 3 ,9 8 0 15 0 ,0 0 0 5 5 0 ,0 0 0 2 2 5 ,0 0 0 6 5 3 ,7 9 8 8 4 ,3 2 1 4 5 7 ,8 3 6 2 ,6 9 6 ,5 9 2 1,3 7 5 ,7 7 8 9 7 5 ,0 0 0 LO 2 Identify the major classifications of the balance sheet. Balance Sheet – “Noncurrent Assets” Balance Sheet – “Noncurrent Assets” Lon...
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