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Suppose company A purchased 10 plants at 40 million each. These plants are worth 50 millions each today. There is also $20 million cash on
Suppose company A purchased 10 plants at 40 million each. These plants are worth 50 millions each today. There is also $20 million cash on the balance sheet and there is no other asset. Suppose that company A has $5 million in long term liabilities and there is no current liabilities on its balance sheet. Assuming that no depreciation, please report company A's total assets on its balance sheet today? $80 million. $160 million. $420 million. $20 million. $415 million
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