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Gerald Sales has total owner's equity of $18,700. The firm hascurrent liabilities of $2,500 and total assets of $31,800. What isthe value of the long-term

Gerald Sales has total owner's equity of $18,700. The firm hascurrent liabilities of $2,500 and total assets of $31,800. What isthe value of the long-term debt, if you also know that market valueof 2 answers

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