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Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory
Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory Total assets Current ratio Acid-test ratio $ 165,000 $1,490,000 3.5 2.40 1.5 Debt to equity ratio Required: Compute the long-term assets for Bronco: Long-term assets
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