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Problem:

Highland, Inc. has total assets of $16,200, net working capital of $3,900, owner's equity of $8,500, and long-term debt of $6,000.

Required:

Question: What is the value of the current assets?

Note: Explain all calculation and formulas.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91169959

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