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Problem - Fey and Company has a projected balance sheet that includes the following accounts.
Cash $?
Marketable securities 205,200
Accounts receivable 774,000
Inventory 441,000
Non-current assets, net 1,827,000
Current liabilities 437,400
Total liabilities 1,413,000
Total equity 2,143,800
Required - What is the projected cash balance?
royal tea a wholly-owned english subsidiary of u.s. beverages a u.s. firm maintains its inventory at cost and royal
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