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Consider this simplified balance sheet for Geomorph Trading! Current assets Long-term assets $ 335 690 Current liabilities Long-term debt Other liabilities Equity $ 290 185

Consider this simplified balance sheet for Geomorph Trading! Current assets Long-term assets $ 335 690 Current liabilities Long-term debt Other liabilities Equity $ 290 185 80 470 $1,025 $1,025

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