Question: Given the following information about Oriole Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date the firm had cash and

 Given the following information about Oriole Sporting Goods, Inc., construct abalance sheet for June 30, 2017. On that date the firm hadcash and marketable securities of $25,135, accounts receivables of $43,758, inventory of

Given the following information about Oriole Sporting Goods, Inc., construct a balance sheet for June 30, 2017. On that date the firm had cash and marketable securities of $25,135, accounts receivables of $43,758, inventory of $165,200, net fixed assets of $329,800, and other assets of $13,125. It had accounts payables of $67,855, notes payables of $36,454, long-term debt of $223,200, and common stock of $150,000. How much retained earnings did the firm have? Retained earnings Carla Vista Enterprises has total current assets of $335,002 and fixed assets of $463,306. The company also has long-term debt of $274,400, $100,000 in its common stock account, and retained earnings of $187,570. What is the value of its total current liabilities? Total current liabilities $ Which of the following is NOT true about goodwill? O It equals the premium paid over the fair market value of the assets acquired in a merger. O It is an intangible asset. It represents the value of all unrecorded assets acquired in a merger. O It reduces the firm's net worth by that amount

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