Question: i need the answer quickly Q4: At December 31 a company's records show the following information: (2 Assignment Financial Management 1 Dr. Rasha Abadi Marks)
i need the answer quickly
Q4: At December 31 a company's records show the following information: (2 Assignment Financial Management 1 Dr. Rasha Abadi Marks) Cash Accounts Receivable Inventory Prepaid Insurance Long-term Assets Accounts Payable Notes Payable due in 10 months Wages Payable Long-term Liabilities Stockholders' (Owner's) Equity $ 10,000 30,000 80,000 6,000 200,000 30,000 25,000 5,000 70.000 196,000 The company's Net working capital is 05: A dealer offers to lease a system to you for $90 per quarter for two years. At the end of two years, you have the option to buy the system for $600. You will pay at the end of each quarter. He will sell the same system to you for $1,700 cash. If the going interest rate is 10%, which is the better offer
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