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Balance Sheet Mikey's Bar and Gril has total assets of $15 milion, of which $5 milion are curent asets. Cash makes up 01 percent of
Balance Sheet Mikey's Bar and Gril has total assets of $15 milion, of which $5 milion are curent asets. Cash makes up 01 percent of the curent asets and accounts receivable makes up another 04percentof curent asets. Mikey s' gros plant and equipment has abook value of $11.5 milion, and other long-term assets have abook value of $500,000. Using this information, what is the balance of inventory and hte balance of depreciation no Mikeys' Bar and Gril's balance shet? (LG2-1)
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