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QUESTION
Partial Balance Sheet
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.
Prepaid insurance$ 143,753Buildings$4,088,149Land72,210Cash375,241Goodwill3,918,347Accounts receivable1,174,292Trademarks790,837Accumulated depreciation—buildings2,163,126Inventory1,250,242Prepare 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)
