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A Firm Has $450 in Inventory,$700 in Fixed Assets,$210 in Accounts

Question 45

Multiple Choice

A firm has $450 in inventory,$700 in fixed assets,$210 in accounts receivable,$50 in accounts payable,and $60 in cash. What is the amount of the current assets?


A) $510
B) $560
C) $600
D) $660
E) $720

Correct Answer:

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