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Help me Recall the following A= Total asset with minimum cash L=...

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Accounting

Help me

Recall the following

A= Total asset with minimum cash

L= Total liabilities ( except Line of Credit ) + Equity

PLUG= A-L

Suppose that A = 779.7 and L = 761.4 .

Question 1: Then the proforma Line of Credit is ..

Question 2: Then the proforma Cash is ..

Please write down how to calculate it

Thanks a lot

Answer & Explanation Solved by verified expert
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