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Pioneer High School, Home of The Mustangs, a private, for-profit high school, has provided the following account balances: Cash $38,400 Short-term investments $4,400 Accounts receivable
Pioneer High School, Home of The Mustangs, a private, for-profit high school, has provided the following account balances: Cash $38,400 Short-term investments $4,400 Accounts receivable $50,000; Supplies $6,400 Long-term notes receivable $2,400; Equipment $98,000 : Factory Building $184,000; Intangible assets $6,400 : Accounts payable $29,600; Accrued liabilities payable $3,800; Short-term notes payable $14,800; Long-term notes payable $94.000; Common stock $184,000; Retained earnings $63,800. What are Pioneer's total current assets? Equipment $98,000 : Factory Building $184,000; Intangible assets $6,400; Accounts payable $29,600; Accrued liabilities payable $3,800 : Short-term notes payable $14,800; Long-term notes payable $94,000; Common stock $184,000; Retained earnings $63,800. What are Pioneer's total current assets? $99.200 $42,800 None of these are correct answers $51,600
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