Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $43 million, NOPAT of $85 million, and depreciation of $14 million. Using this information, fill in the blanks on Rebecky's balance sheet below. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.) Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets $ $ $ $ $ $ 2024 REBECKY'S FLOWERS 4U, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 (in millions of dollars) 28 $ 75 118 221 $ 333 $ 54 279 $ 50 329 $ 550 $ 2023 25 65 100 190 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Long-term debt: 300 Stockholders' equity: 40 Liabilities and Equity Preferred stock (5 million shares) Common stock and paid-in surplus (20 million shares) 260 50 Retained earnings 310 Total 500 Total liabilities and equity $ 2024 17 S 45 م من $ $ 40 * 192 $ 237 $ $ 550 $ 5 $ 2023 15 50 45 110 190 5 40 155 200 500

Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $43 million, NOPAT of $85 million, and depreciation of $14 million. Using this information, fill in the blanks on Rebecky's balance sheet below. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.) Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets $ $ $ $ $ $ 2024 REBECKY'S FLOWERS 4U, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 (in millions of dollars) 28 $ 75 118 221 $ 333 $ 54 279 $ 50 329 $ 550 $ 2023 25 65 100 190 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Long-term debt: 300 Stockholders' equity: 40 Liabilities and Equity Preferred stock (5 million shares) Common stock and paid-in surplus (20 million shares) 260 50 Retained earnings 310 Total 500 Total liabilities and equity $ 2024 17 S 45 م من $ $ 40 * 192 $ 237 $ $ 550 $ 5 $ 2023 15 50 45 110 190 5 40 155 200 500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose the following items were taken from the 2025 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock Prepaid rent Equipment Stock investments (long-term) Debt investments (short-term) 1,620 Income taxes payable Cash Current Assets $2,100 150 6,070 Cash 700 140 1,200 Accumulated depreciation-equipment $2,890 Accounts payable 1,770 2,160 Patents Notes payable (long-term) Retained earnings Accounts receivable Inventory Prepare a classified balance sheet in good form as of December 31, 2025. (List Current Assets in order of liquidity. Enter amounts in millions.) TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2025 710 (in millions) Assets 7.260 1,900 1,070 1200
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