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View Policies Current Attempt in Progress Suppose the following items were taken from the 2022...

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Accounting

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View Policies Current Attempt in Progress Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) $ 2.180 $3,310 Common stock Prepaid rent Accumulated depreciation-equipment Accounts payable 175 1,030 6,460 Patents 2,100 Equipment Stock investments (long-term) Debt investments (short-term) 690 730 1.830 Notes payable (long-term) Retained earnings Accounts receivable 8,035 Income taxes payable 140 1.700 Cash 1.400 Inventory 1.070 Prepare a classified balance sheet in good formas of December 31, 2022. (List Current Assets in order of liquidity) TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2022 (in millions) Assets Current Assets Cash 1,400 Accounts Receivable 1.700 Prepaid Rent 175 Inventory 1070 Debt Investments 1830 Total Current Assets 6.12 Long Term Investments Total Current Assets $ 6,17 Long-Term Investments Equipment 6.464 $ Liabilities and Stockholders' Equity Current Liabilities Current Liabilities Long-Term Liabilities 73 Notes Payable Total Liabilities Stockholders' Equity Retained Earnings Common Stock Total Stockholders Equity Total Liabilities and Stockholders' Equity

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