Computing stockholders equity if long term debt is given
Q1) Based on the information given below, compute stockholders' equity:
Cash = $30;
Total current liabilities = $80;
Accounts receivable = $30;
Inventory = $90;
Net fixed assets = $220;
Accounts payable = $20;
Long term debt = $50.
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Based on the information given below, compute stockholders' equity? Long term debt = $50.
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