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Homework answers / question archive / Determine the amount of long-term debt for ABC Co
Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,737, accounts payable of $96,543, common stock of $401,226, retained earnings of $501,553, inventory of $207,919, other assets equal to $76,926, net plant and equipment of $708,067, short-term notes payable of $30,000, and accounts receivable of $142,445. Long-Term Debt
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