WileyPLUS | edugen.wileyplus.com/edugen/student/mainfr.uni Assignment> Open Assi

ID: 2418396 • Letter: W

Question

WileyPLUS | edugen.wileyplus.com/edugen/student/mainfr.uni Assignment> Open Assignment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Exercise 2-4 Homewo Suppose the following information (in thousands of dollars) is available for H.J. Heinz Company-famous for ketchup and other fine food products-for the year ended April 30, 2014 VDo It! Review 2-4 Prepaid insurance $125,765 Buildings Land Goodwill Trademarks Inventory $4,033,369 373,145 1,171,797 2,131,260 Exercise 2-4 76,193 Cash 3,982,954 Accounts receivable 757,907 Accumulated depreciation-buildings iew Scor 1,237,613 Review Results by Study Objective Prepare the assets section of a classified balance sheet. (List current assets in order of liquidity.) H. J. HEINZ COMPANY Partial Balance Sheet April 30, 2014 (in thousands) Assets License Agreement Privacy Policy 2000-2016 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons,Inc. Version 4.17.3.3 0 1:23 AM 3/2/2016 Search the web and Windows

Explanation / Answer

Assets Section of a classified Balance Sheet:

H.J.HEINZ COMPANY

Partial Balance Sheet

April 30 2014

(in thousands)

Assets

Current Assets

Cash

$373145

Accounts Receivable

$1171797

Inventory

$1237613

Prepaid Insurance

$125765

$2908320

Property, Plant and Equipment

Land

$76193

Buildings

$4033369

Less: Accumulated Depreciation – Buildings

-$2131260

$1978302

Intangible Assets

Goodwill

$3982954

Trademarks

$757907

$4740861

Total Assets

$9627483