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When working this problem out where is long-term debt factored in? 4-9. Use the following table to calculate (a) current assets, (b) net fixed assets,
When working this problem out where is long-term debt factored in?
4-9. Use the following table to calculate (a) current assets, (b) net fixed assets, (C) current liabilities, and (d) net working capital. = = = Notes Payable Cash Long-Term Debt Marketable Securities Depreciation Inventory Accounts Receivable Accrued Expenses Fixed Assets Prepaid Expenses 4,000,000 11,000,000 16,000,000 9,000,000 8,000,000 11,000,000 = 3,000,000 2,000,000 30,000,000 1,000,000 II II II =Step by Step Solution
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