4. 14. Preparing a statement of financial position [LO 2.1] Prepare a 2020 statement of financial position

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4. 14.

Preparing a statement of financial position [LO 2.1] Prepare a 2020 statement of financial position for Nowra Dairy Ltd based on the following information: Cash = $127 000; Patents and copyrights =

$660 000; Accounts payable = $210 000; Accounts receivable =

$115 000; Tangible net non-current assets = $1 610 000; Inventory =

$286 000; Notes payable = $155 000; Accumulated retained earnings =

$1 368 000; Non-current debt = $830 000.

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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