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1. Arcadia Small Business has: Account receivable: $52,532 Inventory: $109,662 Land and Buildings: $910,860 Equipment: $470,000 Depreciation: $603,915 Find: a. Current Assets b. Fixed Assets

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1. Arcadia Small Business has: Account receivable: $52,532 Inventory: $109,662 Land and Buildings: $910,860 Equipment: $470,000 Depreciation: $603,915 Find: a. Current Assets b. Fixed Assets c. Net Fixed Assets d. Total Assets e. Depreciation per dollar of fixed assets

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