Solved

A Firm Has $3,200 of Cash,equipment Worth $41,000,inventory of $15,500,$13,200

Question 28

Multiple Choice

A firm has $3,200 of cash,equipment worth $41,000,inventory of $15,500,$13,200 worth of patents,and $11,300 of accounts receivable.What is the value of the total current assets?


A) $1,500
B) $14,700
C) $16,700
D) $30,000
E) $72,900

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: Which one of the following ratios tells

Q24: O'Hara's Market has net income of $1.6

Q26: Which one of the following will increase

Q27: What is the investment cash flow,given the

Q29: A firm has the following account balances

Q30: Wholesale Grocer's has total assets of $580,000

Q31: The Corner Market had annual sales of

Q33: Handy Man Services,Inc.has net income of $525,000.What

Q36: A decrease in which one of the

Q58: Which one of the following is equal