Honda Motor Corporation Of Japan Is A Leading International Manufacturer Of Automobiles Motorcycles All Terrain Vehicl 1 (128.16 KiB) Viewed 11 times
Honda Motor Corporation of Japan is a leading international manufacturer of automobiles, motorcycles, all-terrain vehicles, and personal watercraft. As a Japanese company, it follows Japanese GAAP and reports its financial statements in billions of yen (the sign for yen is \). Its recent balance sheet contained the following items (in billions). ¥ 750 Cash and cash equivalents Common stock 299 Accounts payable and other current liabilities 4,387 Inventories 1,434 Investments 819 Long-term debt 1,873 2,258 Net property, plant, and equipment 6,404 Other assets Other liabilities Retained earnings Total assets Total liabilities and stockholders' equity Trade accounts, notes, and other receivables 1,639 4,361 12,559 ? 894
Prepare a balance sheet as of March 31, 2011, solving for the missing amount. (Enter your answers in billions.) HONDA MOTOR CORPORATION Balance Sheet As of March 31, 2011 Assets Cash and cash equivalents 750 Inventories 1,434 Net property, plant and equipment 2,258 Other assets 6,404 Trade accounts, notes, and other receivables 894 Investments 819 Total assets 12,559 Liabilities Accounts payable and other current liabilities Long-term debt Other liabilities 0 Stockholders' Equity 0 Total liabilities Retained earnings Total expenses Total stockholders' equity ¥ ¥ ¥ ¥
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