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What is the balance for long term debt and retained earnings

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Question - Manny's Taco Shop has Total assets of $91.8m. Fifty percent of these assets are financed with debt of which $28.9 million is current liabilities. The firm has no preferred stock but the balance in common stock and paid in capital surplus is $20.4 million. Using this information what is the balance for long term debt and retained earnings on Manny's Balance sheet?

Reference no: EM133042714

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