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Skylar Keys organized Keys Computers 1 0 years ago in order to produce and sell several computer devices on which he had secured patents. Although
Skylar Keys organized Keys Computers years ago in order to produce and sell several computer devices on which he had secured patents. Although the company has been fairly profitable, it is now experiencing a severe cash shortage. For this reason, it is requesting a $ longterm loan from NS Bank, $ of which will be used to bolster the cash account and $ of which will be used to modernize certain important items of equipment. The company's financial statements for the two most recent years follow:
tabletableKEYS COMPUTERSComparative Balance SheetThis Year,Last YeAssetsCurrent assets:CashMarketable securitiesAccounts receivable, net,InventoryPrepaid expenses,Total current assets,Plant and equipment, net,
Skylar Keys organized Keys Computers years ago in order to produce and sell several computer devices on which he had secured patents. Although the company has been fairly profitable, it is now experiencing a severe cash shortage. For this reason, it is requesting a $ longterm loan from NS Bank, $ of which will be used to bolster the cash account and $ of which will be used to modernize certain important items of equipment. The company's financial statements for the two most recent years follow:
tabletableKEYS COMPUTERSComparative Balance sheetThis Year,Last YeAssetsCurrent assets:CashMarketable securitiesAccounts receivable, net,InventoryPrepaid expenses,Total current assets,Plant and equipment, net,
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