Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of quick assets?
A) $198,000
B) $126,000
C) $90,000
D) $61,000
B
Business
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What are the pro forma retained earnings for next year if Fake Stone, Inc. grows at a rate of 2.5 percent and both the profit margin and the dividend payout ratio remain constant?
A. $4,946.90 B. $5,023.10 C. $5,592.20 D. $5,920.67 E. $6,293.30
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The Railway Strike of 1877 was provoked by ________
a. increased working hours b. a mass layoff c. a 10-percent wage cut d. lack of pension benefits
Business