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Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,450, accounts payable of $95,700, common stock
Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,450, accounts payable of $95,700, common stock of $400,988, retained earnings of $500,138, inventory of $207,959, other assets equal to $77,855, net plant and equipment of $708,205, short-term notes payable of $30,000, and accounts receivable of $142,359.
Long-Term Debt |
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