You are given the following information. Calculate Total Liabilities. Cash and equivalents is $85 accounts receivable...

You are given the following information. Calculate Total Liabilities. Cash and equivalents is $85 accounts receivable are $87 inventory is $66 net fixed assets is $199 accounts payable is $92 accruals are $99 notes payable are $81 long term debt is $82

Expert Solution

Accounts payable = $92
Accruals = $99
Notes payable = $81
Long term debt = $82

Total Liabilities = Accounts payable + Accruals + Notes payable + Long term debt
Total Liabilities = $92 + $99 + $81 + $82
Total Liabilities = $354

jeff jeffy answered 2 years ago

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