===================== 3. EEM, Inc. has the following balance sheet: EEM, Incorporated Balance Sheet as of 12/31/X0 Assets Liabilities and Equity Cash $1,000 Accounts payable $ 5,300 Accounts receivable 7,200 Bank note payable 3,200 Inventory 6,100 Long-term assets 4,200 Equity 10,000 $18,500 $18,500 It has estimated the following relationships between sales […]