At December 31, Marker reported the following items: cash, $12,200; inventory, $2,500; accounts payable, $4,300, accounts receivable,

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At December 31, Marker reported the following items: cash, $12,200;

inventory, $2,500; accounts payable, $4,300, accounts receivable, $3,500;

common stock, $5,900; property, plant, and equipment, $10,000; interest payable, $1,400; retained earnings, $16,600. What is the total of Marker’s current assets?

a. $28,200

b. $18,400

c. $18,200

d. $13,900

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Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

1st Edition

Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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