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Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions. (Click the icon to view
Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions. (Click the icon to view the data.) Requirement Using the above data, calculate total current assets for each company. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero. Enter amounts in millions as provided to you in the problem statement, $X.) Begin by calculating total current assets for Company A. Total current assets Now calculate total current assets for Company B. Total current assets Finally, calculate total current assets for Company C. Total current assets Accounts Receivable Administrative Expenses Cash Cost of Goods Manufactured Cost of Goods Sold Equipment Finished Goods Inventory Net Sales Revenue Raw Materials Inventory Selling Expenses Work-in-Process Inventory Finally, calculate total current assets for Company C. Accounts Receivable Administrative Expenses Cash Cost of Goods Sold Equipment Merchandise Inventory Net Sales Revenue Selling Expenses mber in the input fie $ $ $ $ 7 15 Company B 11 Wages Expense 52 Equipment 4 Accounts Receivable 21 Service Revenue 1 Cash 62 Rent Expense 82 Company A Cash Net Sales Revenue Finished Goods Inventory Cost of Goods Sold Selling Expenses Equipment Work-in-Process Inventory Accounts Receivable Cost of Goods Manufactured Administrative Expenses Raw Materials Inventory Company C 14 Administrative Expenses 22 Cash 7 Net Sales Revenue 41 Selling Expenses 29 Merchandise Inventory 6 Equipment Accounts Receivable Cost of Goods Sold 6 22 52 4 15 15 10 20 10 5
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