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Please help me. This subject is FIN324. Thanks. Classify Each of the following as a financial asset or an operating asse

Posted: Wed May 18, 2022 10:09 pm
by answerhappygod
Please help me. This subject is FIN324.
Thanks.
Classify Each of the following as a financial asset or
an operating asset and as a financial liability or
operating liability, or neither.
ASSETS:
Current assets:
Cash and cash equivalents
Short-term marketable securities
Accounts receivable, less allowances of $53 and $63,
respectively
Inventories
Vendor non-trade receivables
Other current assets
Total current assets
Non-current assets
Long-term marketable securities
Property, plant and equipment, net
Other non-current assets
Total non-current assets
Total assets
LIABILITIES AND SHAREHOLDER'S EQUITY:
Current liabilities:
Accounts payable
Accrued Expenses
Other current liabilities
Deferred revenue
Commercial paper
Short term debt
Total current liabilities
Non-current liabilities:
Deferred revenue, non-current
Long term debt
Other non-current liabilities
Total non-current liabilities
Total liabilities
Commitments and contingencies
Shareholders’ equity:
Common stock and additional paid-in capital, $0.00001 par
value:
Retained earnings
Accumulated other comprehensive income/(loss)
Total shareholders’ equity
Total liabilities and shareholders’ equity