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Saved Help Save & Exit Submit Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from
Saved Help Save & Exit Submit Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement: Inventory Total assets Current ratio Acid-test ratio Debt to equity ratio $ 200,000 $1,700,000 4.0 2.75 1.5 Required: Compute the long-term assets for Bronco: Long-term assets $2,340,000
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