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As loan analyst for Crane Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $124,000 $328,000 Receivables 212,000 295,000
As loan analyst for Crane Bank, you have been presented the following information. Toulouse Co. Lautrec Co. Assets Cash $124,000 $328,000 Receivables 212,000 295,000 Inventories 598,000 539,000 Total current assets 934,000 1,162,000 Other assets 490,000 615,000 Total assets $1,424,000 $1,777,000
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
