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Question 29 Not yet answered If X Company has the following balances:Cash 10,000 Equipment 50,000 inventory 5,000 Long term investment 3,000 Franchise 4,000 Accounts receivable

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Question 29 Not yet answered If X Company has the following balances:Cash 10,000 Equipment 50,000 inventory 5,000 Long term investment 3,000 Franchise 4,000 Accounts receivable 7,000 Supplies 3,000 the total current assets shown in the classified balance sheet is Marked out of 1.00 p Flag question O a. other amount O b. 25,000 O c. 22,000 O d. 29,000 Time lert : N12 Question 30 Not yet answered Norton Company purchased 1,000 widgets and has 200 widgets in its ending inventory at a cost of $91 each and a current replacement cost of $80 each. The ending inventory under lower-of-cost-or-market is: Marked out of 1.00 P Flag question O a. $16,000. O b. $80,000. c. $18,200 O d. $91,000

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