PRINTER VERSION BACK NEXT Question 8 Michael Jones, the CFO of Ivanhoe Automotive, Inc., is...
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Finance
PRINTER VERSION BACK NEXT Question 8 Michael Jones, the CFO of Ivanhoe Automotive, Inc., is putting together this year's financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $ 163,257, common stock of $313,300, retained earnings of $512,159, inventory of $211,900, goodwill and other assets equal to $78,656, net plant and equipment of $713,800, and short-term notes payable of $21,115. It also had accounts receivable of $141,258 and other current assets of $11,223. How much long-term debt does Ivanhoe Automotive have? Long-term debt
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