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The following accounts represent the financial status of fandango Ca, as of October 1 . The business has cash $100,000, and it must pay its

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The following accounts represent the financial status of fandango Ca, as of October 1 . The business has cash $100,000, and it must pay its suppliers $250,000 within 60 days. It has a mortgige outstanding of $3.1 million, of which $100,000 is owed within the next 12 months. Imventory totals $700,000 and the net book value of its land, building and equipment is $3.6 million. income tax pryable cquals $50,000. It has $1 million in shareholder's equity. The value of the company's working capital is $800,000 $800000 $300,000 51 milion

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