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Culver Company provides you with the following condensed balance sheet information: Assets Current assets Equity investments $42.500 64.200 Equipment (net) Intangibles 245,800 59,500 Total
Culver Company provides you with the following condensed balance sheet information: Assets Current assets Equity investments $42.500 64.200 Equipment (net) Intangibles 245,800 59,500 Total assets $412,000 Liabilities and Stockholders' Equity Current and long-term liabilities $109,200 Stockholders' equity Common stock ($5 par) $ 21,200 Paid-in capital in excess of par 119,000 162.600 302,800 Retained earnings Total liabilities and stockholders' equity $412,000
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