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Determine the common stock for Bertinelli Corp. based on the following information: cash = $300,000; patents...

Determine the common stock for Bertinelli Corp. based on the following information: cash = $300,000; patents and copyrights = $790,000; accounts payable = $330,000; accounts receivable = $179,000; tangible net fixed assets = $3,800,000; inventory = $255,000; notes payable = $180,000; accumulated retained earnings = $1,165,000; long-term debt = $1,530,000.

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Answer #1

Total assets is always equals to total liabilities . and equity :: Total assets Canbe obtained as Total assets - cash+ Patent

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