Question
Simonson Company had the following Asset accounts on its balance sheet: Accounts Receivable$34,700 Cash76,500 Equipment, net44,000 Intangibles, net32,000 Investments, long-term18,600 Investments, short-term33,800 Inventory62,400 Prepaid Rent(six
Simonson Company had the following Asset accounts on its balance sheet:
Accounts Receivable$34,700
Cash76,500
Equipment, net44,000
Intangibles, net32,000
Investments, long-term18,600
Investments, short-term33,800
Inventory62,400
Prepaid Rent(six months paid in advance)3,600
What is Simonson's total current assets?
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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
