Question: 3 - 1 ( in book ) Balance Sheet: The assets of Dallas & Associates consist entirely of current assets and net plant and equipment,
in book
Balance Sheet: The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $ million and net plant and equipment equals $ million. It has notes payable of $ longterm debt of $ and total common equity of $ million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.
From the data above, we know the following fill the yellow highlighted cells in table atter you have answered thru h:
tableBalance SheetCurrent assets,tableA ccounts payable andaccruals
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