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Question 32 Privett Company Accounts payable $ 30,000 Accounts receivable 35.000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40.000 Inventory 72.000 Long-term investments 100,000 Long-term
Question 32 Privett Company Accounts payable $ 30,000 Accounts receivable 35.000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40.000 Inventory 72.000 Long-term investments 100,000 Long-term liabilities 80,000 Marketable securities 38.000 Notes payable (short-term) 20.000 Property, plant, and equipment 500.000 Prepaid expenses 3,000 Based on the data for Privett Company, complete the following. a. What is the current ratio? (Round to the nearest whole number. No decimals.) b. What is the amount of working capital? (Round answer to the nearest dollar. Use a comma, as applicable. Dollar sign is provided.) $
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