Business
Business, 20.02.2020 19:30, babyduckies37

Coleman Luggage has liabilities of $870,000 that the company must pay back by the end of the month. It currently has a cash balance of $175,000 and inventories totaling $220,000. Other short-term assets equal $85,000. This information helps in understanding that Coleman Luggage has solvency.

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Coleman Luggage has liabilities of $870,000 that the company must pay back by the end of the month....

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