The Wonka Chocolates is a global confectionery leader known for its branded portfolio of chocolate, sweets, mints, and other great- tasting snacks. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in thousands) in alphabetical order: Accounts payable Accounts receivable, net Accrued short-term liabilities Additional paid-in capital Cash and cash equivalents Common stock (221,593,025 shares outstanding) Goodwill Inventories Long-term debt Required: 1. Prepare a classified consolidated balance sheet for The Wonka Chocolates for the current year (ended December 31). Note: Enter your answers in thousands (i.e., 10,000 should be entered as 10). Current Assets: THE WONKA CHOCOLATES Consolidated Balance Sheet (In thousands) $ 550,828 other assets (noncurrent) 539,509 other intangibles, net 736,372 Other long-term liabilities. 1,181,210 Other payables 454,262 Prepaid expenses and other current assets 221,593 Property, plant, and equipment, net. 1,972,855 Retained earnings 797,251 Short-term debt 3,519,813 Assets $573,033 1,316,166 832,795 21,921 261,060 2,191,299 349,231 691,672

The Wonka Chocolates is a global confectionery leader known for its branded portfolio of chocolate, sweets, mints, and other great- tasting snacks. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in thousands) in alphabetical order: Accounts payable Accounts receivable, net Accrued short-term liabilities Additional paid-in capital Cash and cash equivalents Common stock (221,593,025 shares outstanding) Goodwill Inventories Long-term debt Required: 1. Prepare a classified consolidated balance sheet for The Wonka Chocolates for the current year (ended December 31). Note: Enter your answers in thousands (i.e., 10,000 should be entered as 10). Current Assets: THE WONKA CHOCOLATES Consolidated Balance Sheet (In thousands) $ 550,828 other assets (noncurrent) 539,509 other intangibles, net 736,372 Other long-term liabilities. 1,181,210 Other payables 454,262 Prepaid expenses and other current assets 221,593 Property, plant, and equipment, net. 1,972,855 Retained earnings 797,251 Short-term debt 3,519,813 Assets $573,033 1,316,166 832,795 21,921 261,060 2,191,299 349,231 691,672

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Assume a world that meets all assumptions of the portfolio theory. In this world we solely trade in securities A and B like depicted in the graph below. Short selling is allowed. xA and XB indicate the proportions of security A and B within a portfolio respectively. P1, P2, P3 and P4 represent portfolios that can be created by trading (either long and/or short) in securhies A and B. P3 is the portfolio with the lowest risk; the risk of P3 is 0%. The risk of security A and B is measured by the standard deviation of the returns in the particular security and equals 20% for both. The correlation coefficient of the returns between A and B is -1. 40% P1 E(R) A 30% P2 20% P3 10% P4 ++ 30% 0% 10% 20% 40% O(R) Question: Indicate which statements are correct. Take into account that everything is possible, from all correct to all wrong.
Please answer G part with explanation. Answer was incoorect in previous solution
What are the problems caused by lack of integration? Expalin.
Describe the steps to be taken to correct an error.
Repost the complete question and add sub-parts to be sol
Your solution is wrong see the answers at bottom of the question
where is the correcting entry of the following?
What is the formula used for the questions without using excel?
help please, the answers I put are not correct
What is Contiguous data?
What exactly are reversing entries, and why do they exist?
What goes in what, like what do I put on Collum a,b,c, etc I'm confused where to put the data