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Manik Enterprises spent $10,000 to purchase farming equipment 5 years ago. This equipment is presently valued at $2,000 on today's balance sheet but could actually be sold for $4,500. Present assets total $3,700, current liabilities total $1,200 and long-term debt is $2,800. What is the book value of shareholders' equity?
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the following information relates to Thomas limited who decide to commence business on 01 January 2016 with R375000 cash: what is his budget for February, march, April?
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