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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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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