Regal Entertainment Group operates the largest chain of movie theaters in the U.S. Classify each…
Regal Entertainment Group operates the largest chain of movie theaters in the U.S. Classify each of the following items found on the company’s balance sheet included in the Form 10-K for the fiscal year ended December 31, 2015 as a current asset (CA), noncurrent asset (NCA), current liability (CL), long-term liability (LTL), or stockholders’ equity (SE) item.
______ 1. Trade and other receivables, net
______ 2. Class A common stock
______ 3. Land
______ 4. Inventories
______ 5. Interest payable
______ 6. Equipment
______ 7. Accounts payable
______ 8. Retained earnings
______ 9. Cash and cash equivalents
______ 10. Long-term debt, less current portion