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Brendas Bar and Grill has total assets of $11.0 million, of which $4.0 million are current assets. Cash makes up 10 percent of the current
Brendas Bar and Grill has total assets of $11.0 million, of which $4.0 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Brendas gross plant and equipment has a book value of $12.5 million and other long-term assets have a book value of $400,000.
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