Wednesday 6 September 2017

Harunori Motor Corporation of Japan is a leading international manufacturer of automobiles

Harunori Motor Corporation of Japan is a leading international manufacturer of automobiles, motorcycles, all-terrain vehicles, and personal watercraft. As a Japanese company, it follows Japanese GAAP and reports its financial statements in billions of yen (the sign for yen is ¥). Its recent balance sheet contained the following items (in billions).
Cash and cash equivalents           ¥              750
Common stock                 409
Accounts payable and other current liabilities                    4,287
Inventories                        1,264
Investments                     839
Long-term debt                               1,993
Net property, plant, and equipment                      2,238
Other assets                     6,274
Other liabilities                 1,649
Retained earnings                          3,911
Total assets                       12,249
Total liabilities and stockholders’ equity                ?
Trade accounts, notes, and other receivables                    884




Prepare a balance sheet as of March 31, current year, solving for the missing amount.

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