Question
The following account values are from Baker Company's balance sheet: Cash $12,500 Accounts Receivable $54,500 Inventory $96,000 Equipment $150,000 Buildings $250,000 Short-term Liabilities $70,400 Long-term
The following account values are from Baker Company's balance sheet:
Cash $12,500
Accounts Receivable $54,500
Inventory $96,000
Equipment $150,000
Buildings $250,000
Short-term Liabilities $70,400
Long-term Liabilities $210,000
Calculate the
(a) current assets
(b) current liabilites
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
