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ACC 100 (234)
Lecture

EMPIRE COMPANY LIMITED Sample Balance Sheet.doc

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Department
Accounting
Course
ACC 100
Professor
Albert Ciorma
Semester
Fall

Description
EMPIRE COMPANY LIMITED Balance Sheet May 5, 2007 (in millions) 2007 2006 Assets Current assets Cash and cash equivalents $ $ 294.9 341.1 Receivables 326.8 275.4 Inventories 757.5 694.3 Income taxes receivable 3.6 Prepaid expenses 51.4 51.5 Total current assets 1,434. 1,362. 2 3 Investments 332.5 517.4 Property and equipment 2,302. 2,143. 9 6 Goodwill 786.6 731.8 Total assets 368.7 296.4 $5,224 $5,051 .9 .5 Liabilities and Shareholders' Equity Liabilities Current liabilities Bank indebtedness $ 30.1 $ 98.6 Acc
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