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Q1: Suppose a firm has the following information: Accounts Payable = $ 1 Million Notes Payable = $ 1.1 Million Short-term debt $ 1.4 million

Q1: Suppose a firm has the following information: Accounts Payable = $ 1 Million Notes Payable = $ 1.1 Million Short-term debt $ 1.4 million Accruals: $ 500, 000 Long-term bobds $ 3 million

Required: What is the amount arising from operating current liabilties?

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