A company has $1,385 in inventory, $4,836 in net fixed assets, $670 in accounts receivable, $302 in cash, $634 in accounts payable, and $5,431 in equity. What is the company's long- term debt? a. $1,307 b. $1,726 c. $1,165 d. $1,762 e. $1,128

A company has $1,385 in inventory, $4,836 in net fixed assets, $670 in accounts receivable, $302 in cash, $634 in accounts payable, and $5,431 in equity. What is the company's long- term debt? a. $1,307 b. $1,726 c. $1,165 d. $1,762 e. $1,128

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 2P: Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 million in...

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Question

What is the company's long term debt?

A company has $1,385 in inventory, $4,836 in net fixed assets,
$670 in accounts receivable, $302 in cash, $634 in accounts
payable, and $5,431 in equity. What is the company's long-
term debt?
a. $1,307
b. $1,726
c. $1,165
d. $1,762
e. $1,128

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