1. Snyders-Lance manufactures, markets, and distributes a variety of snack food...

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Accounting

1.

Snyders-Lance manufactures, markets, and distributes a variety of snack food products including pretzels, sandwich crackers, kettle chips, cookies, potato chips, tortilla chips, other salty snacks, sugar wafers, nuts, and restaurant style crackers. These items are sold under trade names including Snyders of Hanover, Lance, Cape Cod, Krunchers!, Jays, Toms, Archway, and others. Presented here are the items listed on its recent balance sheet (dollars in millions) in alphabetical order:

2. Prepare a classified consolidated balance sheet for Snyders-Lance for the current year (ended December 31). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

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$ 25,139 Other assets (noncurrent) Accounts payable Accounts receivable, net Accrued compensation Additional paid-in capital Cash and cash equivalents Common stock, 67,820,798 shares outstanding Goodwill Inventories Long-term debt 77,906 26,437 50,398 827 31,893 82,110 44,612 85,000 Other current assets Other intangible assets, net Other long-term liabilities Other payables and accrued liabilities Prepaid expenses and others Property, plant, and equipment, net Retained earnings Short-term debt $ 5,949 9,786 25,316 58,570 31,318 13,133 218,817 164,501 5,200

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