At December 31, Marker reported the following items: cash, $12,200; inventory, $2,500; accounts payable, $4,300, accounts receivable,
Question:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
Question Posted: