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Suppose the following items were taken from the 2025 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,800 Accumulated depreciation-equipment $2,570 Prepaid rent 165 Accounts payable 1,790 Equipment 7,210 Patents 2,100 Stock investments (long-term) 740 Notes payable (long-term) 800 Debt investments (short-term) 1,950 Retained earnings 8,105 Income taxes payable 160 Accounts receivable 1,830 Cash 1,230 Inventory 1,000 Prepare a classified balance sheet in good form as of December 31, 2025. (List Current Assets in order of liquidity. Enter amounts in millions.) TEXAS INSTRUMENTS, INC. Balance Sheet <> <> (in millions) <> Assets $ Liabilities and Stockholders' Equity $ $ Liabilities and Stockholders' Equity <> Save for Later <> <> $ SA $ SA Attempts: 0 of 1 used Submit Answer

Suppose the following items were taken from the 2025 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,800 Accumulated depreciation-equipment $2,570 Prepaid rent 165 Accounts payable 1,790 Equipment 7,210 Patents 2,100 Stock investments (long-term) 740 Notes payable (long-term) 800 Debt investments (short-term) 1,950 Retained earnings 8,105 Income taxes payable 160 Accounts receivable 1,830 Cash 1,230 Inventory 1,000 Prepare a classified balance sheet in good form as of December 31, 2025. (List Current Assets in order of liquidity. Enter amounts in millions.) TEXAS INSTRUMENTS, INC. Balance Sheet <> <> (in millions) <> Assets $ Liabilities and Stockholders' Equity $ $ Liabilities and Stockholders' Equity <> Save for Later <> <> $ SA $ SA Attempts: 0 of 1 used Submit Answer

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Suppose the following items were taken from the 2025 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,800 Accumulated depreciation-equipment $2,570 Prepaid rent 165 Accounts payable 1,790 Equipment 7,210 Patents 2,100 Stock investments (long-term) 740 Notes payable (long-term) 800 Debt investments (short-term) 1,950 Retained earnings 8,105 Income taxes payable 160 Accounts receivable 1,830 Cash 1,230 Inventory 1,000 Prepare a classified balance sheet in good form as of December 31, 2025. (List Current Assets in order of liquidity. Enter amounts in millions.) TEXAS INSTRUMENTS, INC. Balance Sheet <> <> (in millions) <> Assets $ Liabilities and Stockholders' Equity $ $
Transcribed Image Text:Suppose the following items were taken from the 2025 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,800 Accumulated depreciation-equipment $2,570 Prepaid rent 165 Accounts payable 1,790 Equipment 7,210 Patents 2,100 Stock investments (long-term) 740 Notes payable (long-term) 800 Debt investments (short-term) 1,950 Retained earnings 8,105 Income taxes payable 160 Accounts receivable 1,830 Cash 1,230 Inventory 1,000 Prepare a classified balance sheet in good form as of December 31, 2025. (List Current Assets in order of liquidity. Enter amounts in millions.) TEXAS INSTRUMENTS, INC. Balance Sheet <> <> (in millions) <> Assets $ Liabilities and Stockholders' Equity $ $
Liabilities and Stockholders' Equity <> Save for Later <> <> $ SA $ SA Attempts: 0 of 1 used Submit Answer
Transcribed Image Text:Liabilities and Stockholders' Equity <> Save for Later <> <> $ SA $ SA Attempts: 0 of 1 used Submit Answer
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