Solution-The inventory has a book value of 3700 and an

The inventory has a book value of 3700 and an estimated

Reference no: EM13569621

Anderson Enterprises currently has $800 in cash. The company owes $1,200 to suppliers for merchandise and $4,500 to the bank for a long-term loan. Customers owe Anderson's $1,900. The inventory has a book value of $3,700 and an estimated market value of $4,400. If Anderson's compiled a financial statement today, how much would it show as the value of the current assets?

Reference no: EM13569621

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The inventory has a book value of 3700 and an estimated

Reference no: EM13569621

Reference no: EM13569621

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