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
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...
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What is the company's long term debt?

Transcribed Image Text: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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