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2. Using the following balance sheet items and amounts, calculate the total liquid assets and total current liabilities. (LO2.2) Money market account, $2,600 Mortgage,
2. Using the following balance sheet items and amounts, calculate the total liquid assets and total current liabilities. (LO2.2) Money market account, $2,600 Mortgage, $158,000 Medical bills, $262 Checking account, $780 Retirement account, $87,400 a. Total liquid assets $ b. Total current liabilities $ Credit card balance, $489
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