An entity has the following balances: Cash $10,000, Inventory $20,000, Receivable $30,000, PPE $40,000, and Intangible assets

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An entity has the following balances: Cash $10,000, Inventory $20,000, Receivable

$30,000, PPE $40,000, and Intangible assets $50,000. Its total current asset is:

a. $30,000

c. $100,000

b. $60,000

d. $150,000

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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