Company B has the following information: Cash-- --? A/R (avg collect Period=30 days)- Inventory (Days Inv. Held = 40)-- Other------ -11,917,808 -8,967,123 %3D -5,000,000 -? Total Current Asset- PP&E- Less Accumulated Depreciation-- Net PP&E--- -50,000,000 -10,000,000 -40,000,000 Total current liability 13,842,466 Total Liabilities--- --21,842,466 ----

Company B has the following information: Cash-- --? A/R (avg collect Period=30 days)- Inventory (Days Inv. Held = 40)-- Other------ -11,917,808 -8,967,123 %3D -5,000,000 -? Total Current Asset- PP&E- Less Accumulated Depreciation-- Net PP&E--- -50,000,000 -10,000,000 -40,000,000 Total current liability 13,842,466 Total Liabilities--- --21,842,466 ----

Accounting (Text Only)

26th Edition

ISBN:9781285743615

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter10: Fixed Assets And Intangible Assets

Section: Chapter Questions

Problem 10.21EX: Book value of fixed assets Apple Inc. designs, manufactures, and markets personal computers and...

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