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Question 72

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 Current Assets  Amount  Round to Nearest Hundredth  Percent  Cash $12,000 B  Accounts Receivable $9,000 C  Prepaid Rent $5,000 D  Merchandise Inventory $28,000 E  Total Current Assets  A 100%\begin{array} { | l | l | l | } \hline \text { Current Assets } & \text { Amount } & \begin{array} { l } \text { Round to Nearest Hundredth } \\\text { Percent }\end{array} \\\hline \text { Cash } & \$ 12,000 & \text { B } \\\hline \text { Accounts Receivable } & \$ 9,000 & \text { C } \\\hline \text { Prepaid Rent } & \$ 5,000 & \text { D } \\\hline \text { Merchandise Inventory } & \$ 28,000 & \text { E } \\\hline \text { Total Current Assets } & \text { A } & 100 \% \\\hline\end{array}

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A. $54,000; B. 22.22...

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