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Current Assets Forecast for Year 3: Cash & Equivalents: $320,000 Accounts Receivable: $240,000 Inventory: $380,000 Current Liabilities Forecast for Year 3: Accounts Payable: $170,000 Short-term

  • Current Assets Forecast for Year 3:
    • Cash & Equivalents: $320,000
    • Accounts Receivable: $240,000
    • Inventory: $380,000
  • Current Liabilities Forecast for Year 3:
    • Accounts Payable: $170,000
    • Short-term Loans: $100,000
    • Accrued Expenses: $50,000

Based on the provided forecasts for Facebook, Inc., predict the company's total current assets and total current liabilities for the upcoming year. Discuss potential challenges the company might face in managing its short-term finances.

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