Need a brief description for Assets distribution in Case Stuady 5 to 6 sentences ASSETS DISTRIBUTIONEND OF YEAR 2019 ASSETSCash, cash equivalents & Investments $ 239,784Accounts receivables & Prepaid expenses $ 54,458Inventory $ 59,088Fixed Assets $ 188,455Goodwill & Trademarks $ 248,261Other Assets $ 187,818TOTAL $ 977,864

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Need a brief description for Assets distribution in Case Stuady 5 to 6 sentences

ASSETS DISTRIBUTION
END OF YEAR 2019

ASSETS
Cash, cash equivalents & Investments	$ 239,784
Accounts receivables & Prepaid expenses	$ 54,458
Inventory	$ 59,088
Fixed Assets	$ 188,455
Goodwill & Trademarks	$ 248,261
Other Assets	$ 187,818
TOTAL	$ 977,864

Expert Solution

Step 1: Introduction

Asset distribution refers to the calculation of proportion of a particular asset to that of the total assets of the company.

It's formula can be given as follows:-

From the above formula, the following calculations can be done:-

Excel:-

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