Question
You have the following information for a firm: Cash $270,000 Patents $810,000 Accounts Payable $350,000 Accounts Receivable $119,000 Net Fixed Assets $3,800,000 Inventory $235,000
You have the following information for a firm: Cash $270,000 Patents $810,000 Accounts Payable $350,000 Accounts Receivable $119,000 Net Fixed Assets $3,800,000 Inventory $235,000 Current Notes Payable $180,000 Accumulated Retained Earnings $1,345,000 Long Term Debt $1,430,000 What is the Common Stock account balance for the company?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
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