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solina solina
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7 years ago
Tremont Inc.'s Total Assets =$25 million. The balance sheet shows Accounts payable and accruals totaling $7 million, common stock and retained earnings total $10 million. There is no preferred stock. What is the book value of interest bearing debt?
A) $15 million
B) $7 million
C) $18 million
D) $8 million
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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solina Author
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Thank you, thank you, thank you!
ofsuahasiufhoas
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Smart ... Thanks!
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