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Vaughn-Williams Co. has total assets of $600,000 and stockholders equity of $320,000. It purchased $80,000 of supplies on account and collected $50,000 on account from
Vaughn-Williams Co. has total assets of $600,000 and stockholders equity of $320,000. It purchased $80,000 of supplies on account and collected $50,000 on account from its customers.
As a result, the companys total assets would now be __________.
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