Question
A company has $1,406 in inventory, $4,863 in net fixed assets, $688 in accounts receivable, $314 in cash, $658 in accounts payable, and $5,458 in
A company has $1,406 in inventory, $4,863 in net fixed assets, $688 in accounts receivable, $314 in cash, $658 in accounts payable, and $5,458 in equity. What is the companys long term debt?
Step by Step Solution
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Step: 1
To find the companys longterm debt we need to calculate the total assets and total liabilities then ...
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
