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1. XYZ Company has the following account balances at the end of the year. Cash =$74,000 Accounts Receivable =$214,000 Inventory =$472,000 Accounts Payable =$118,000 Short-term
1. XYZ Company has the following account balances at the end of the year. Cash =$74,000 Accounts Receivable =$214,000 Inventory =$472,000 Accounts Payable =$118,000 Short-term Notes =$175,000 Current Portion of Long-Term Debt =$23,000 What is this company's total current liabilities? 2. XYZ Company has the following account balances at the end of the year. Cash =$74,000 Accounts Receivable =$214,000 Inventory =$472,000 Accounts Payable =$118,000 Short-term Notes =$175,000 Current Portion of Long-Term Debt =$23,000 What is this company's total current assets
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
