2. Using the following balance sheet items and amounts, calculate the total liquid assets and total current

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2. Using the following balance sheet items and amounts, calculate the total liquid assets and total current liabilities. (LO2.2)

Money market account, $2,600 Mortgage, $158,000 Retirement account, $87,400 Medical bills, $262 Checking account, $780 Credit card balance, $489

a. Total liquid assets $_____

b. Total current liabilities $______

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Jul 24, 2024 05:00 AM

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2. Using the following balance sheet items and amounts, calculate the total liquid assets and total current

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