Question
You have the following information on Marco's Polo Shop: total liabilities and equity = $207 million; current liabilities = $47 million, inventory = $62 million,
You have the following information on Marco's Polo Shop: total liabilities and equity = $207 million; current liabilities = $47 million, inventory = $62 million, and quick ratio = 1.8 times. Using this information, what is the balance for fixed assets on Marco Polo's balance sheet?
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IT Auditing Defined
Authors: Ibrahim Yussuf, Matthew Robinett
1st Edition
1645435148, 978-1645435143
