contestada

eakap, Inc., has current assets of $1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?

Respuesta :

Answer:

How much long-term debt does the firm have? $803010

Explanation:

Current Assets   1456312  

   

Total Assets          4812369  

   

Current liabilities 1041012  

Lont Term Debt                      803010  

   

Common Equity 1500000  

reteined Earnings 1468347  

   

                       2968347  

   

ASSETS=LIABILITIES-EQUITY    

   

4812369=1041012+long term debts+2968347