Cambridge Company has a forecasted balance sheet that includes the following accounts. Cash 2$ Marketable securities...
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Cambridge Company has a forecasted balance sheet that includes the following accounts. Cash 2$ Marketable securities 541,000 Accounts receivable 782,000 Inventory 1,178,000 Non-current assets, net 2,823,000 Current liabilities 582,000 Total liabilities 1,258,000 Total equity 4.512,000 What is the forecasted cash balance? Enter your answer in the following box. (Type numbers only. Do not put commas.or $ in your answer.) Cambridge Company has a forecasted balance sheet that includes the following accounts. Cash 2$ Marketable securities 541,000 Accounts receivable 782,000 Inventory 1,178,000 Non-current assets, net 2,823,000 Current liabilities 582,000 Total liabilities 1,258,000 Total equity 4.512,000 What is the forecasted cash balance? Enter your answer in the following box. (Type numbers only. Do not put commas.or $ in your answer.)
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Answer Explanation Calculation of the forecaseted cash bal... View the full answer
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date:
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