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(1 point) Saved Listen The balance sheet for Ultimate Conoe shows cash of $12,500, equipment of $26,000, accounts payable of of $16,000, fixtures of $11,000,
(1 point) Saved Listen The balance sheet for Ultimate Conoe shows cash of $12,500, equipment of $26,000, accounts payable of of $16,000, fixtures of $11,000, merchandise invetory of $215,000, building of $250,000, accounts receivable of $65,000 and long-term liabilities of $180,000. Calculate current assests. OA) $304,000 B) $228,000 C) $280,500 OD) $293,000 E) $77,500 Listen The balance sheet for Ultimate Conoe shows cash of $12,500, equipment of $26,000, accounts payable of of $16,000, fixtures of $11,000, merchandise invetory of $215,000, building of $250,000, accounts receivable of $65,000 and long-term liabilities of $180,000. Calculate owners' equity. A) $384,000 B) $580,000 C) $287,000 D) $293,000 E) He has no owners' equity
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