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You have been asked to build a balance sheet from the following information.

The firm has cash of $190,000, net fixed asset of $3,200,000, account payable of $650,000, accounts receivable of $340,000, retained earnings of $1,900,000, long term debt of $1,500,000, other long term asset of $880,000, inventories of $400,000, and notes payable of $250,000. (Note Common Stock account needs to be calculated).

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91772139

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