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Problem 2-15 Balance Sheet (LG2-1) Brenda?s Bar and Gnu has total assets of $26.0 million, of which $ 20 .0 million are current assets Cash
Problem 2-15 Balance Sheet (LG2-1) Brenda?s Bar and Gnu has total assets of $26.0 million, of which $ 20 .0 million are current assets Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets Brenda?s gross plant and equipment has a book value of $20.0 million and other long. term assets have a book value of $700,000. What is the balance of inventory end the balance of deprecation on Brenda?s Bar and Grill?s balance sheet? (Enter your answers in million of dollars rounded to 1 decimal place)
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