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Your firm has the following balance sheet statement of items: total current liabilities of $500,000; total assets of $2,400,000; total fixed and other assets of
Your firm has the following balance sheet statement of items: total current liabilities of $500,000; total assets of $2,400,000; total fixed and other assets of $1,100,000; and Note Payable of $400,000. What is the amount of the firm's total current assets?
a. $200,000
b. $1,300,000
c. $1,900,000
d. $600,000
e. $1,500,000
f. $900,000
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