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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 Data Table - x Company A Company B Cash $ $ 20 Company C Administrative Expenses Cash $ 4 Wages Expense 41 Equipment 9 36 11 8 Accounts Receivable 51 7 21 Service Revenue 8| Cash 62 Rent Expense 25 15 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 6 Net Sales Revenue 44 Selling Expenses Merchandise Inventory 8 Equipment Accounts Receivable Cost of Goods Sold 41 4 15 13 14 25 1 3 Print Done
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