Spartan Ltd is a manufacturer of automobile parts located in Manly, Sydney. At the end of the
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Spartan Ltd is a manufacturer of automobile parts located in Manly, Sydney. At the end of the current financial year, the company had net working capital of $159,353. The company showed accounts payable of $94,591, accounts receivable of $91,238, inventory of $172,565, and cash and marketable securities of $12,178. What amount of notes payable does the company have?
Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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