Question: Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,529, accounts payable of $95,653, common stock
Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,529, accounts payable of $95,653, common stock of $401,277, retained earnings of $501,870, inventory of $205,337, other assets equal to $77,193, net plant and equipment of $706,791, short-term notes payable of $30,000, and accounts receivable of $142,567.
Long-Term Debt ? ......$
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