Brendas bar and grill has total assets of the 170 million, Ask an Expert

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Brenda's Bar and Grill has total assets of the $17.0 million, of which $11.0 million are current assets. Cash makes up 10 percent of current assets and accounts receivable makes up another 40 percent of current assets. Brenda's gross plant and equipment has book value of $15.5 million and other long-term assets have book value of $400,000.

Determine the balance of inventory and balance of depreciation on Brenda's Bar and Grill's balance sheet?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91145613

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