Brendarsquos bar and grill has total assets of 200 million, Ask an Expert

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Brenda’s Bar and Grill has total assets of $20.0 million, of which $14.0 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Brenda’s gross plant and equipment has a book value of $17.0 million and other long-term assets have a book value of $700,000. What is the balance of inventory and the balance of depreciation on Brenda's Bar and Grill’s balance sheet? (Enter your answers in millions of dollars rounded to 1 decimal place.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92639374

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