The classified balance sheet for company reporte current assets o $1,688,830, tota abilities of $800,5 Common Stock o $1,010,000, and Retained Earnings 131,260. The curr

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The classified
balance sheet for a
company reported
current assets of
$1,688,830, total
liabilities of $800,540,
Common Stock of
$1,010,000, and
Retained Earnings of
$131,260. The current
ratio was 2.6 What is
the total amount of
noncurrent assets?
Transcribed Image Text:The classified balance sheet for a company reported current assets of $1,688,830, total liabilities of $800,540, Common Stock of $1,010,000, and Retained Earnings of $131,260. The current ratio was 2.6 What is the total amount of noncurrent assets?
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