Last year, on the balance sheet, Ward Co. had intangible fixed assets of $780,000, retained earnings of
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Last year, on the balance sheet, Ward Co. had intangible fixed assets of $780,000, retained earnings of $675,000, accounts payable of $370,000, common stock & paid in capital of $600,000, notes payable of $105,000, inventory of $325,000, cash of $75,000, tangible fixed assets of $875,000, and accounts receivable of $220,000. What is the amount of the firm’s long-term debt?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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