A company has Cash = $150,000; Inventory = $50,000; Accounts Receivable = $75,000; Fixed Assets = $100,000;

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A company has Cash = $150,000; Inventory = $50,000; Accounts Receivable = $75,000; Fixed Assets = $100,000; and Accounts Payable = $25,000.

Compute the company's Total Asset balance.

Related Book For answer-question

Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: Mar 23, 2024 06:34 AM

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A company has Cash = $150,000; Inventory = $50,000; Accounts Receivable = $75,000; Fixed Assets = $100,000;

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Sure the companys total asset balance is 375000 Heres a breakdown of the comp... View the full answer

Financial ACCT2

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