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CASH 500000 CURRENT 90000 LIABILITY AIR 100000 LTD 800000 INVENTORY 160000 CA ? OWENERS? EQUITY 1800000 FIXED ASSSET TA ? 1000000 # OF SHARES SALES

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CASH 500000 CURRENT 90000 LIABILITY AIR 100000 LTD 800000 INVENTORY 160000 CA ? OWENERS? EQUITY 1800000 FIXED ASSSET TA ? 1000000 # OF SHARES SALES 4000000 PRICE 25 COGS 3500000 WHAT IS THE CURRENT ASSET 760000 One possible correct answer is: 760000 WHAT IS THE TOTAL ASSET 2560000 One possible correct answer is: 2560000 WHAT IS THE OWNERS EQUITY 1670000 One possible correct answer is: 1670000 ACCOUNT RECIVABLE TURN OVER an

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