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Author Question: NNR Inc.s balance sheet showed total current assets of $2,465,000 plus $5,065,000 of net fixed ... (Read 71 times)

campbellfam07

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on: Aug 7, 2023
NNR Inc.’s balance sheet showed total current assets of $2,465,000 plus $5,065,000 of net fixed assets. All of these assets were required in operations. The firm’s current liabilities consisted of $515,000 of accounts payable, $465,000 of 7% short-term notes payable to the bank, and $180,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR’s total investor-provided operating capital?

◦

$5,017,000


◦

$6,835,000


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$7,349,000


◦

$8,142,000

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by campbellfam07 on Aug 7, 2023

Snabbey

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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campbellfam07

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Reply 2 on: Aug 7, 2023
Wow, this really help

bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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