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Layano hotel has the following information for the year 2019 Beginning balance-accounts receivable $660,000 Ending balance-accounts receivable $160,000 Beginning balance - Inventory $450,000 Ending balance
Layano hotel has the following information for the year 2019 Beginning balance-accounts receivable $660,000 Ending balance-accounts receivable $160,000 Beginning balance - Inventory $450,000 Ending balance -Inventory $360,000 Sales revenue $1,480,000 Cash $240,000 Cash equivalent $60,000 Operating Equipment (9 months) $80,000 Operating Equipment (5 years) $300,000 Supplies $20,000 Current liabilities $ 200,000 Property, plant and equipment 690,000 Cash sales revenue represents 30% of the total sales revenue ?What is the amount of the current assets
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