Question: In the Balance Sheet below determine the unknown values. Cash $50,000 Accounts Payable $125.000 Accounts receivable 100,000 Notes Payable 50,000 Inventory 80,000 Total Short Term

In the Balance Sheet below determine the unknown values.

Cash $50,000 Accounts Payable $125.000

Accounts receivable 100,000 Notes Payable 50,000

Inventory 80,000 Total Short Term Debt ?

Total Current Assets

Mortgages 350,000

Plant 500,000 Long Term Notes 175,000

Net Equipment ? Total Long Term Debt ?

Stockholders Equity ?

Total Assets ? Total Debt & Equity 775,000

In the previous question, if the Book Value of the Equipment is $65,000 what is the value of the accumulated depreciation?

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