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Given the following information for Smashville, Inc., construct a balance sheet: Current liabilities: $ 24,000 Cash: $ 21,000 Long-term debt: $ 102,000 Other assets: $
Given the following information for Smashville, Inc., construct a balance sheet:
| Current liabilities: | $ | 24,000 |
| Cash: | $ | 21,000 |
| Long-term debt: | $ | 102,000 |
| Other assets: | $ | 40,000 |
| Fixed assets: | $ | 125,000 |
| Other liabilities: | $ | 15,000 |
| Investments: | $ | 36,000 |
| Operating assets: | $ | 64,000 |
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
