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Compute the Profilo Co long-term assets total

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Problem - Profilo Co. has the following assets and liabilities: Assets: cash, $100; accounts receivable, $150; Inventory, $240; land, $200; plant, net of accumulated amortization, $300. Liabilities: short-term bank loan, $60; accounts payable, $160; long-term mortgage loan, $160. Compute the Profilo Co.'s long-term assets total?

Reference no: EM132676327

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