FIN 571/ Question - 53290

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  • From: Finance,
  • Due on: Mon 31 Mar, 2014 (08:59pm)
  • Asked on: Mon 31 Mar, 2014
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Description

Teakap, 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?


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