Intermediate Accounting - Myaccountinglab - Pearson Etext Access Card Student Value Edition
Intermediate Accounting - Myaccountinglab - Pearson Etext Access Card Student Value Edition
1st Edition
ISBN: 9780134047430
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 18, Problem 18.5MC
To determine

To identify: The correct option.

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Teakap, Inc., has current assets of $1,456, 312 and total assets of $4,812, 369 for the year ending September 30, 2006. It also has current liabilities of $1,041, 012, common equity of $1,500,000, and retained earnings of $1, 468, 347. How much long-term debt does the firm have?

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Intermediate Accounting - Myaccountinglab - Pearson Etext Access Card Student Value Edition

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