How much of the represents permanent assets

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SORE has been growing at a constant rate of 5% for many years., and is expected to continue this growth into the future. On January 1 of this year, which is the slow season, total assests were $420 million.

At the heigth of of its selling season, which is the end of June, total assets were $480 million.

How much of the $480 represents permanent assets? How much of it represents temporary assets?

Reference no: EM131989515

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