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Advanced Placement (AP), 06.12.2020 05:10 joeyhd

The Bombay Company, Inc., sold a line of home furnishings that included furniture, wall decor, and decorative accessories. Bombay operated through a network of retail locations throughout the United States and Canada, as well as through its direct-to-customer operations and international licensing arrangements. The company was forced to file for bankruptcy. In its last financial statement prior to bankruptcy, Bombay reported current assets of $161,604,000 and current liabilities of $113,909,000.

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