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1. A firm has $25 cash and marketable securities of $50, accounts receivable of $200, inventory of $1,280, net fixed assets of $9,400, total current

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1. A firm has $25 cash and marketable securities of $50, accounts receivable of $200, inventory of $1,280, net fixed assets of $9,400, total current liabilities of $1,750, long-term debt of $6,100 and retained earnings of $800. Calculate the value of common stock as the balancing item. (2.5 points)

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