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The following items are from the 2009 balance sheet of Kellogg Company. (All dollars are in millions.)

Common stock

$ 577

Other assets

5,632

Notes payable-current

44

Other current assets

221

Cash and cash equivalents

334

Other long-term liabilities

1,802

Retained earnings

1,698

Accounts payable

1,077

Other current liabilities

1,167

Accounts receivable, net

1,093

Property, net

3,010

Inventories

910

Long-term debt

4,835

Instructions

Prepare a classified balance sheet for Kellogg Company as of December 31, 2009.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9795992
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