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Find how much is the total long- term assets

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Problem 1: The following table summarizes information about some assets of a firm. How much is the total long- term assets?

Asset                            Expected Life                  Balance Sheet Value, in USD

Cash                               -                             $50,000

Accounts Receivable       6 months                     $100,000

Accounts Receivable        13 months                    $200,000

Machinery                      18 months                      $50,000

Building                            20 years                     $100,000

Reference no: EM132644904

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