Roosterrsquos currently has 5200 in cash the company owes, Ask an Expert

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Rooster’s currently has $5,200 in cash. The company owes $31,700 to suppliers for merchandise and $41,500 to the bank for a long-term loan. Customers owe the company $26,400 for their purchases. The inventory has a book value of $53,300 and an estimated market value of $56,500. If the store compiled a balance sheet as of today, what would be the book value of the current assets?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92384044

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