The following items are components of a traditional balance, Financial Management

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The following items are components of a traditional balance

The following items are components of a traditional balance sheet. How much are the total assets of the firm?

plant & equipment $42,500

common stock $15,000

cash $6,000

Inventory $23,900

Bad debt reserve $6,000

Additional paid-in capital $6,000

Accumulated depreciation $26,500

Accounts Receivable $22,000

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Financial Management: The following items are components of a traditional balance

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