Question: Review the information and answer the question. Make sure to explain your answer. Consider the following balance sheet for Hatch Green Chile and Produce, Inc..

Review the information and answer the question. Make sure to explain your answer. Consider the following balance sheet for Hatch Green Chile and Produce, Inc.. a. Because Hatch Green Chile and Produce, Inc. have $800,000 of retained earnings, can the company pay cash to buy an asset costing $200,000 ? b. Explain why it can or can not pay cash for the asset. Review the information and answer the question. Make sure to explain your answer. Consider the following balance sheet for Hatch Green Chile and Produce, Inc.. a. Because Hatch Green Chile and Produce, Inc. have $800,000 of retained earnings, can the company pay cash to buy an asset costing $200,000 ? b. Explain why it can or can not pay cash for the asset

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