Builtrite Automotive is a manufacturer of automobile parts l…
Builtrite Automotive is a manufacturer of automobile parts located in Tempe, AZ. At the end of the current fiscal year, the company had net working capital of $110,000. The company showed fixed assets of $350,000, accounts payables of $45,000, accounts receivables of $90,000, inventory of $120,000, and cash of $14,000. What dollar amount of notes payables does the firm have?
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