Krispy Kreme Doughnuts has current assets of $147 million; property, plant, and equipment of $206 million; and other assets totaling $58 million. Current liabilities are $154 million and long-term liabilities total $148 million. How much of the company's assets do the Krispy Kreme stockholders actually own?
Krispy Kreme Doughnuts has current assets of $147 million; property, plant, and equipment of $206 million; and other assets totaling $58 million. Current liabilities are $154 million and long-term liabilities total $148 million. How much of the company's assets do the Krispy Kreme stockholders actually own?
Chapter2: The Domestic And International Financial Marketplace
Section2.A: Taxes
Problem 8P
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Transcribed Image Text:Krispy Kreme Doughnuts has current assets of $147 million; property,
plant, and equipment of $206 million; and other assets totaling $58
million. Current liabilities are $154 million and long-term liabilities total
$148 million.
How much of the company's assets do the Krispy Kreme stockholders
actually own?
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