Expedia, Inc., reported total cash of $1,862 million at September 30, 2016. Of this amount,...
50.1K
Verified Solution
Question
Accounting
Expedia, Inc., reported total cash of $1,862 million at September 30, 2016. Of this amount, $18 million was set aside and could be used only to fulfill the requirement of an aviation authority of a certain foreign country to protect against the potential nondelivery of travel services in that country in the short term. Another $542 million was invested in money market funds and time deposits with original maturities of less than 90 days. The remaining $1,302 million was held in bank accounts. Expedia also reported $46 million in short- term investments (maturing in 90-360 days), $299 million of deferred revenue, $1,384 million of accounts receivable, $328 million of prepaid insurance, and $8,027 of goodwill Show the current assets section of Expedia's balance sheet. TIP: Some items are not current assets. (Enter your answers in millions.) EXPEDIA, Inc. Balance Sheet (Partial) (in millions)

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.