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Manny's Taco Shop has Total assets of $91.8m. Fifty percent of these assets are financed with debt of which$28.9 million is current liabilities.The firm has
Manny's Taco Shop has Total assets of $91.8m. Fifty percent of these assets are financed with debt of which$28.9 million is current liabilities.The firm has no preferred stock but the balance in common stock and paid in capital surplus is $20.4 million. Using this information what is the balance for long term debt and retained earnings on Manny's Balance sheet?
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