- Last year, J\&H Corp. reported a book value of $600,000 in current assets, of which 15% is cash, 17% is short-term investments, and the rest is accounts receivable and inventory. - The company reported $510,000 of current llabilities including accounts payable and accruals. Interestingly, the company had no notes payable outstanding, and there were no changes in the company's accounts payable during the year. - The company, however, invested heavily in plant and equipment to support its operations. It reported a book value of $960,000 for its operating long-term assets last year. Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan. Complete the following statements in his report. If your answer is negative, use the minus sign. investment in operating long-term assets, is equal to