Carnival Corporation & plc is one of the largest cruise companies in the world with such well-known brands as Carnival Cruise Lines, Holland America Line, and Princess Cruises. Classify each of the following items found on the company’s balance sheet included in the Form 10-K for the fiscal year ended November 30, 2011 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. Common stock of Carnival Corporation
______ 3. Short-term borrowings
______ 4. Inventories
______ 5. Property and equipment, net
______ 6. Prepaid expenses and other
______ 7. Accounts payable
______ 8. Goodwill
______ 9. Retained earnings
______ 10. Long-term debt