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11. Harding Company Accounts payable $40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000
11.
Harding Company | |
Accounts payable | $40,000 |
Accounts receivable | 65,000 |
Accrued liabilities | 7,000 |
Cash | 30,000 |
Intangible assets | 40,000 |
Inventory | 72,000 |
Long-term investments | 110,000 |
Long-term liabilities | 75,000 |
Marketable securities | 36,000 |
Notes payable (short-term) | 30,000 |
Property, plant, and equipment | 625,000 |
Prepaid expenses | 2,000 |
What is the amount of quick assets?
a.$203,000
b.$131,000
c.$205,000
d.$66,000
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