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Compute the long-term assets for Bronco

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Question - Bronco Electronics' current assets consist of cash, short-term investments, accounts receivable, and inventory. The following data were abstracted from a recent financial statement:

Inventory $175,000

Total assets $1,550,000

Current ratio 3.9

Acid-test ratio 2.50

Debt to equity ratio 1.5

Required - Compute the long-term assets for Bronco?

Reference no: EM132590911

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