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Please provide detailed explanation, I'm having a hard time understanding the question. Thank you! LO 3 Trade receivables Building Inventory-raw materials Other receivables Plantation Inventory-work-in-progress

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Please provide detailed explanation, I'm having a hard time understanding the question. Thank you!

LO 3 Trade receivables Building Inventory-raw materials Other receivables Plantation Inventory-work-in-progress Notes receivables Intellectual property rights Inventory-finished goods Cash on hand Equipment Short-term share investments Deposits at banks Furniture and fixtures Investment under equity method Prepayments and deposits Motor vehicles Goodwill E4-17A. (Learning Objective 3: Classifying assets based on liquidity) A thorough review of GE Broadcasting assets at the end of December 31, 20X5, resulted in the following information: Cash on hand and cash at bank totaling $484,000 Fixed-term deposits with banks totaling $142,000 (matures July 1, 20X7) Inventories totaling $324,000 Trade receivables totaling $245,000 Loans to employees of $120,000, 30% of which is due by the end of 20X6 PPE with a historical cost of $129,000 and accumulated depreciation of $12,000 Investment in associate companies using equity method at $35,000 Short-term investment in publicly traded shares of listed companies at $10,000 What are GE Broadcasting's current and non-current assets? E4-18A. (Learning Objective 3: Classifying liabilities based on liquidity) The same review in E4-17A resulted in the following information on GE Broadcasting's liabilities at the end of December 31, 20X5: Trade payable of $317,000 Note payable of $245,000 due July 1, 20X7 Interest accrued for note payable $8,000 (payable every quarter, the next payment being on April 1. 20X6) LO

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