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Problem 12 (Computation of total receivables classified as current assets) Blink Co. has the following account balances in its books: Subscription receivable collectible after 1

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Problem 12 (Computation of total receivables classified as current assets) Blink Co. has the following account balances in its books: Subscription receivable collectible after 1 year Advances to affiliates Receivable from petty cash custodian Accrued interest Claim for rebates Claims from insurance Claim for tax refunds 50,000 100,000 500 915 5,000 12.000 5.000 Question No. 12: How much is the current asset

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