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Use the following information to fill in the boxes: Use the balance sheet above and the following additional information to answer questions A through H:
Use the following information to fill in the boxes:
Use the balance sheet above and the following additional information to answer questions A through H: Additional Information: 1. Cash includes $100,000 deposited in a bond sinking fund 2. Trading securities are stated at market value; their cost is $123,000 3. Management intends to hold the Equity Investments long-term 4. The note payable matures in 90 days, however, management has executed a contractual agreement to refinance and convert the debt to long-term 5. The Bond Payable will be paid off in installments. $50,000 of the $225,000 bond is due to mature next year. (A) Total Current Assets equal: work: (B) Total Long-term Investments equal: work: (C) Total Property, Plant \& Equipment equal: work: (D) Intangible Assets equal: work: (E) Total Assets equals: work: (F) Total Current Liabilities equal: work: (G) Total Long-term Liaibilities equal: work: (H) Total Stockholders' Equity equal: workStep by Step Solution
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