Question: Determine the amount of long-term debt for ABC Co, using the following balance sheet information: cash balance of $24,650, accounts payable of $98,057, common stock
Determine the amount of long-term debt for ABC Co, using the following balance sheet information: cash balance of $24,650, accounts payable of $98,057, common stock of $400,795, retained earnings of $501,181, inventory of $205,160, other assets equal to $76,223, net plant and equipment of $706,969, short-term notes payable of $30,000, and accounts receivable of $142,856, Long-Term Debt $
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