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Presented below are the financial statements of Crane Company. Crane Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $21,000 $12,000 Accounts receivable
Presented below are the financial statements of Crane Company. Crane Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $21,000 $12,000 Accounts receivable 12,000 8,400 Inventory 16,800 12,000 Property, plant, and equipment 36,000 46,800 Accumulated depreciation (19,200) (14,400) Total $66,600 $64,800
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
