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Problem 1: Balance Sheet. SUNY Enterprises has current assets of $300,000, and total assets of $750,000. It also has current liabilities of $125,000, common equity

Problem 1: Balance Sheet. SUNY Enterprises has current assets of $300,000, and total assets of $750,000. It also has current liabilities of $125,000, common equity of $250,000, and retained earnings of $85,000. How much long-term debt and fixed assets does the firm have?

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