Question
Consider the following accounts and balances for the Snow Corporation: Cash $50,000 Sales $30,000 Prepaid insurance $8,000 Accounts payable 59,000 Accounts receivable $18,000 Inventory $9,000
Consider the following accounts and balances for the Snow Corporation:
Cash $50,000
Sales $30,000
Prepaid insurance $8,000
Accounts payable 59,000
Accounts receivable $18,000
Inventory $9,000
Currently maturing long-term debt-$30,000
Goodwill $8.000
Accumulated depreciation-$9,000
The company's current assets are $?
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The ASQ Auditing Handbook
Authors: J. P. Russell,
4th Edition
0873898478, 978-0873898478
