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Please show calculations 30. At the end of fiscal year 2012, company Z discloses the following balance sheet: Assets Cash $500,000 Non-cash current assets $800,000
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30. At the end of fiscal year 2012, company Z discloses the following balance sheet: Assets Cash $500,000 Non-cash current assets $800,000 Non-current assets $1,300,000 Minority Equity Investments $300,000 Total $2,900,000 Equity and Liabilities Current debt $300,000 Other current liabilities $700,000 Non-current Debt $1,400,000 Deferred tax liability $150,000 Equity $350,000 Total $2,900,000 Company Z's net long-term (non-current) assets (NLTA) equal A. $1,150,000 B. $1,300,000 C. $1,450,000 D. $50,000Step by Step Solution
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