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What is the balance of net plant and equipment

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Question - Jones, Inc.'s limited balance sheet shows only current assets and net plant and equipment as assets. Total assets equal $3 million, while current assets equal $750,000. Notes payable equal $50,000, while long-term debt is $1.45 million. Total common equity is $2 million. The firm also has accounts and accruals on its balance sheet. Answer the following:

a. What is the balance of net plant and equipment?

b. What is the balance of current liabilities on the firm's balance sheet?

c. What is net working capital?

d. What is the company's total debt?

e. What is the amount of total liabilities and equity?

Reference no: EM132824598

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