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Use the following information to answer questions 21thru25: AccountsPayable----$40,000Notes Payable----$105,000 AccountsReceivable----$65,000Marketable securities----$36,000 AccruedLiabilities----$38,000Prepaid Expenses----$2,000 Cash----$30,000Sales----$500,000 Inventory----$72,000Costof Goods Sold----$300,000 Equipment----$150,000Operating Expenses----$155,000 Land/Building----$625,000 What is the amount
Use the following information to answer questions 21thru25:
AccountsPayable----$40,000Notes Payable----$105,000
AccountsReceivable----$65,000Marketable securities----$36,000
AccruedLiabilities----$38,000Prepaid Expenses----$2,000
Cash----$30,000Sales----$500,000
Inventory----$72,000Costof Goods Sold----$300,000
Equipment----$150,000Operating Expenses----$155,000
Land/Building----$625,000
What is the amount of Quick Assets?
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