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Balance Sheet (Year ended June 30, 2019): de la Vega Corporation Liabilities Accounts Payable 70,000 Assets Cash 1,545,000 Available-for-sale Investments - McCulley Corp. 500,000 Accounts

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Balance Sheet (Year ended June 30, 2019): de la Vega Corporation Liabilities Accounts Payable 70,000 Assets Cash 1,545,000 Available-for-sale Investments - McCulley Corp. 500,000 Accounts Receivable 110,000 Inventory 722.000 Prepaid Expenses 10,000 Property, plant and equipment 1.250,000 Accumulated Depreciation 20.000 Property, plant and equip. (Net) 1,230,000 Accrued Expenses 60.000 Current Portion - Long-term debt 665,000 Long-term debt 1,825,000 Total Liabilities 2,620,000 Common stock 700,000 Paid-in Capital in Excess of Par 300,000 Retained earnings 497.000 Shareholder's Equity 1,497,000 Total Assets 4,117,000 Total Liab. & Owner's Equity 4.117,000 A, What are total quick assets? B. What are the total current assets? C. If de la Vega Corporation's depreciation expense was $5,000 for the year ended June 30, 2019, why would this amount be different than the Accumulated Depreciation above? D. What is the amount owed to suppliers for goods received but not paid for yet? E. What is the Return on Equity if Net Income for the year ended June 30, 2019 was $150,000? F. What is the Return on Assets using $150,000 as Net Income for the year ended June 30, 2019? G. Is this company using financial leverage to its advantage? How can you tell

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