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Question 118

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 Current Assets  Amount  Percent (round to hundredths %) Cash $27,000 B  Accts Receivable $12,000 C  Prepaid Rent $4,000 D  Merchandise Inventory $8,000 E  Total Current Assets  A 100%\begin{array} { | l | l | l | } \hline { \text { Current Assets } } & { \text { Amount } } & { \begin{array} { c } \text { Percent (round to hundredths } \\\% )\end{array} } \\\hline \text { Cash } & \$ 27,000 & \text { B } \\\hline \text { Accts Receivable } & \$ 12,000 & \text { C } \\\hline \text { Prepaid Rent } & \$ 4,000 & \text { D } \\\hline \text { Merchandise Inventory } & \$ 8,000 & \text { E } \\\hline \text { Total Current Assets } & \text { A } & 100 \% \\\hline\end{array}

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A. $51,000; B. 52.94...

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