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What is net Asset

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Reference no: EM132633162

Question - A company has the following assets and liabilities:

Cash at Bank 27,400

Accounts Payable 20,400

Inventory 22,700

Accumulated Depreciation 17,200

Accounts receivable 16,600

Mortgage Payable 115,000

Equipment (Cost) 124,000

Dividends 8600

Required - What is net Asset?

Reference no: EM132633162

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