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answee the m/c Profilo Co. has the following assets and liabilities: Assets: cash, $100; accounts receivable, $150; Inventory, $240; land, $200; plant, net of accumulated

answee the m/c

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Profilo Co. has the following assets and liabilities: Assets: cash, $100; accounts receivable, $150; Inventory, $240; land, $200; plant, net of accumulated amortization, $300. Liabilities: short-term bank loan, $60; accounts payable, $160; long-term mortgage loan, $160. Profilo Co.'s long-term assets total was Select one: O $990 O $490 O $880 O none of the option is correct O $500

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