Grey Wood Corporation has $1,520 in inventory, $5,150 in net fixed assets, $730 in accounts receivable, $350 in cash, $700 in accounts payable, and $6,000 in equity. What is Grey wood Corporation's long-term debt? a. $1,570 b. $2,010 c. $1,780 d. $1,900 e. $1,050

Grey Wood Corporation has $1,520 in inventory, $5,150 in net fixed assets, $730 in accounts receivable, $350 in cash, $700 in accounts payable, and $6,000 in equity. What is Grey wood Corporation's long-term debt? a. $1,570 b. $2,010 c. $1,780 d. $1,900 e. $1,050

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 Grey wood Corporation's long term debt on these financial accounting question?

Grey Wood Corporation has $1,520 in inventory, $5,150 in net
fixed assets, $730 in accounts receivable, $350 in cash, $700 in
accounts payable, and $6,000 in equity. What is Grey wood
Corporation's long-term debt?
a. $1,570
b. $2,010
c. $1,780
d. $1,900
e. $1,050

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