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
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