8. An entity has the following balances: Cash $15,000, Inventory $10,000, Receivables $22,000, PPE $50,000, and Intangible

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8. An entity has the following balances: Cash $15,000, Inventory $10,000, Receivables

$22,000, PPE $50,000, and Intangible assets $40,000. Its total current assets are:

a. $25,000

c. $47,000

b. $37,000

d. $97,000

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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