The 2011 balance sheet of Microsoft Corporation reports total assets of $108,704 million, operating liabilities of $38,492 million, and total stockholder's equity of $57,083 million. Microsoft's 2011 nonoperating liabilities are: A) $70,212 million B) $51,621 million C) $18,591 million D) $13,129 million E) There is not enough information to calculate the amount.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Need help please don't use ai

The 2011 balance sheet of Microsoft Corporation
reports total assets of $108,704 million, operating
liabilities of $38,492 million, and total stockholder's
equity of $57,083 million. Microsoft's 2011
nonoperating liabilities are:
A) $70,212 million
B) $51,621 million
C) $18,591 million
D) $13,129 million
E) There is not enough information to calculate the
amount.
Transcribed Image Text:The 2011 balance sheet of Microsoft Corporation reports total assets of $108,704 million, operating liabilities of $38,492 million, and total stockholder's equity of $57,083 million. Microsoft's 2011 nonoperating liabilities are: A) $70,212 million B) $51,621 million C) $18,591 million D) $13,129 million E) There is not enough information to calculate the amount.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education