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Carbon Company's Accounting Records Provided the Following Information (All Amounts

Question 6

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Carbon Company's accounting records provided the following information (all amounts in thousands of dollars) :
Carbon Company's accounting records provided the following information (all amounts in thousands of dollars) :   All assets and liabilities of the firm are reported in the schedule above.Working capital of $92 remained unchanged from 2012 to 2013.Net income in 2011 was $64.No dividends were declared during 2013 and there were no other changes in owners' equity.Total long-term liabilities at the end of 2013 would be A) $340. B) $432. C) $580. D) $616.
All assets and liabilities of the firm are reported in the schedule above.Working capital of $92 remained unchanged from 2012 to 2013.Net income in 2011 was $64.No dividends were declared during 2013 and there were no other changes in owners' equity.Total long-term liabilities at the end of 2013 would be


A) $340.
B) $432.
C) $580.
D) $616.

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