Question
Cash 70,,000 Marketable Securities 100,000 Accounts Receivable 82,000 Inventory 156,000 Prepaid Insurance 15,000 Rent Expense 20,000 Property, Plant & Equipment 860,000 Accounts Payable 125,000 Taxes
| Cash | 70,,000 |
| Marketable Securities | 100,000 |
| Accounts Receivable | 82,000 |
| Inventory | 156,000 |
| Prepaid Insurance | 15,000 |
| Rent Expense | 20,000 |
| Property, Plant & Equipment | 860,000 |
| Accounts Payable | 125,000 |
| Taxes Payable | 40,000 |
| Bonds Payable in 10 years | 700,000 |
| Equity | 418,000 |
| Consulting Revenue | 45,000 |
What is the amount of total Current Assets? What is the acid test ratio?
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The Whole School Audit Development Planning For Primary And Special Schools
Authors: Brian Drakeford
1st Edition
1853465011, 978-1853465017
