Question
The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $41,100 Common Stock
The following items are components of a traditional balance sheet. How much are the total assets of the firm?
Plant and equipment $41,100
Common Stock $15,000
Cash $ 7,400
Inventory $ 24,600
Bad debt reserve $ 6,000
Additional paid in capital $ 6,000
Accumulated depreciation $ 27, 500
Accounts receivable $ 22,000
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
