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Consider a firm with $1,944 in cash, $6,579 in accounts receivable, $7,448 in inventory. The firm also has gross property plant and equipment of $4,624,
Consider a firm with $1,944 in cash, $6,579 in accounts receivable, $7,448 in inventory. The firm also has gross property plant and equipment of $4,624, depreciation expense of $20. The firm decided to reduce their capital structure and hold $0 in notes payable, $4,495 in accruals and $9,647 in accounts payable. The firm has $3,911 in long-term debt, $7,448 in interest expense. Calculate the firm's Total Liabilities.
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