prepare a classified balance sheet 459592

The following items are taken from the 2008 balance sheet of Yahoo! Inc. (All dollars are in thousands.)

Intangible assets $3,926,749

Common stock 6,282,504

Property and equipment, net 1,536,181

Accounts payable 151,897

Other assets 233,989

Long-term investments 3,247,431

Accounts receivable 1,060,450

Prepaid expenses and other current assets 233,061

Short-term investments 1,159,691

Retained earnings 4,968,438

Cash and cash equivalents 2,292,296

Long-term debt 733,891

Accrued expenses and other current liabilities 1,139,894

Unearned revenue”current 413,224

Instructions

Prepare a classified balance sheet for Yahoo! Inc. as of December 31, 2008.

Tot. current assets $4,745,498

Tot. assets $13,689,848