Question
The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $42,300 Common stock
The following items are components of a traditional balance sheet. How much are the total assets of the firm?
| Plant and equipment | $42,300 |
| Common stock | 15,000 |
| Cash | 7,100 |
| Inventory | 20,900 |
| Bad debt reserve | 6,000 |
| Additional paid-in capital | 6,000 |
| Accumulated depreciation | 28,300 |
| Accounts receivable | 22,000 |
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The Investors Guidebook To Fixed Income Investments
Authors: Stuart R. Veale
1st Edition
0735205310, 978-0735205314
