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ORANGE INCORPORATED CONSOLIDATED BALANCE SHEET September 28, 2019
(dollars in millions) ASSETS Current assets: Cash $14,124 Short-term investments 11,457
Accounts receivable 17,804 Inventories 2,147 Other current assets 24,287 Total current assets
69,819 Long-term investments 132,610 Property, plant, and equipment, net 21,012 Other
noncurrent assets 12,762 Total assets $236,203 LIABILITIES AND STOCKHOLDERS
EQUITY Current Liabilities: Accounts payable $30,768 Accrued expenses 18,805 Unearned
revenue
Assume that the following transactions (in millions) occurred during the next fiscal year (ending
on September 26, 2020):
Borrowed $18,317 from banks due in two years.
Purchased additional investments for $25,700 cash; one-fifth were long term and the rest were
short term.
Purchased property, plant, and equipment; paid $9,623 in cash and signed a short-term note for
$1,460.
Issued additional shares of common stock for $1,520 in cash; total par value was $1 and the rest
was in excess of par value.
Sold short-term investments costing $19,058 for $19,058 cash.
Declared $11,177 in dividends to be paid at the beginning of the next fiscal year.ORANGE
INCORPORATEDCONSOLIDATED BALANCE SHEETSeptember 28, 2019(dollars in
millions)ASSETSCurrent assets:Cash$14,124Short-term investments11,457Accounts
receivable17,804Inventories2,147Other current assets24,287Total current assets69,819Long-
term investments132,610Property, plant, and equipment, net21,012Other noncurrent
assets12,762Total assets$236,203LIABILITIES AND STOCKHOLDERS EQUITYCurrent
Liabilities:Accounts payable$30,768Accrued expenses18,805Unearned revenue8,659Short-term
debt6,428Total current liabilities64,660Long-term debt29,543Other noncurrent
liabilities28,385Total liabilities122,588Stockholders equity:Common stock ($0.00001 par
value)1Additional paid-in capital26,112Retained earnings87,502Total stockholders
equity113,615Total liabilities and shareholders' equity$236,203

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ORANGE INCORPORATED CONSOLIDATED BALANCE SHEET September 28, 2019 (d.pdf

  • 1. ORANGE INCORPORATED CONSOLIDATED BALANCE SHEET September 28, 2019 (dollars in millions) ASSETS Current assets: Cash $14,124 Short-term investments 11,457 Accounts receivable 17,804 Inventories 2,147 Other current assets 24,287 Total current assets 69,819 Long-term investments 132,610 Property, plant, and equipment, net 21,012 Other noncurrent assets 12,762 Total assets $236,203 LIABILITIES AND STOCKHOLDERS EQUITY Current Liabilities: Accounts payable $30,768 Accrued expenses 18,805 Unearned revenue Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2020): Borrowed $18,317 from banks due in two years. Purchased additional investments for $25,700 cash; one-fifth were long term and the rest were short term. Purchased property, plant, and equipment; paid $9,623 in cash and signed a short-term note for $1,460. Issued additional shares of common stock for $1,520 in cash; total par value was $1 and the rest was in excess of par value. Sold short-term investments costing $19,058 for $19,058 cash. Declared $11,177 in dividends to be paid at the beginning of the next fiscal year.ORANGE INCORPORATEDCONSOLIDATED BALANCE SHEETSeptember 28, 2019(dollars in millions)ASSETSCurrent assets:Cash$14,124Short-term investments11,457Accounts receivable17,804Inventories2,147Other current assets24,287Total current assets69,819Long- term investments132,610Property, plant, and equipment, net21,012Other noncurrent assets12,762Total assets$236,203LIABILITIES AND STOCKHOLDERS EQUITYCurrent Liabilities:Accounts payable$30,768Accrued expenses18,805Unearned revenue8,659Short-term debt6,428Total current liabilities64,660Long-term debt29,543Other noncurrent liabilities28,385Total liabilities122,588Stockholders equity:Common stock ($0.00001 par value)1Additional paid-in capital26,112Retained earnings87,502Total stockholders equity113,615Total liabilities and shareholders' equity$236,203