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Need help with this question, thanks A firm has total assets of $7,560,000 and current assets of $1,389,000. Cash makes up 20% of current assets
Need help with this question, thanks
A firm has total assets of $7,560,000 and current assets of $1,389,000. Cash makes up 20% of current assets and accounts receivable makes up 5% of current assets. The firm's gross plant and equipment is $9,870,000. What is the firm's balance of depreciation Step by Step Solution
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