Caterpillar,
Inc., reported the following accounts and amounts (in millions) in its
December 31, 2008, year-end financial statements. Prepare the current
assets section of a classified balance sheet. Assume that the Allowance
for Doubtful Accounts relates to Accounts Receivable rather than Notes
Receivable. (Enter your answers in
millions. Input all amounts as positive values. Enter Assets in the
order of liquidity. Omit the "$" sign in your response.)
Accounts Payable | $ 4,647 | ||
Accounts Receivable | 9,858 | ||
Accumulated Depreciation | 10,363 | ||
Allowance for Doubtful Accounts | 341 | ||
Cash and Cash Equivalents | 2,896 | ||
Inventories | 8,861 | ||
Loans Payable—Current | 7,159 | ||
Long-Term Debt | $ 21,634 | ||
Long-Term Notes Receivable | 16,643 | ||
Notes Receivable—Current | 8,861 | ||
Other Current Assets | 2,018 | ||
Other Current Liabilities | 12,833 | ||
Other Noncurrent Assets | 9,195 | ||
Property, Plant, and Equipment | 24,087 | ||
|
Caterpillar, Inc. Partial Balance Sheet As of December 31, 2008 (in millions of dollars) | ||
Assets | ||
Current assets: | ||
Cash and cash equivalents | $ | |
Accounts receivable | $ | |
Allowance for doubtful accounts | ||
| ||
Accounts receivable, net of allowance | $ | |
Inventories | ||
Notes receivable-current | ||
Other current assets | ||
| ||
Total Current Assets | $ | |
|
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