fisherkyle01pcrg23 fisherkyle01pcrg23
  • 01-08-2018
  • Mathematics
contestada

. Find the current assets of a clothing store that has $62,300.00 in cash, $1,200.00 in accounts receivable, and $26,548.00 in merchandise.
$63,500.00
$90,048.00
$27,748.00
$88, 848.00

Respuesta :

aachen
aachen aachen
  • 01-08-2018

Current assets is the sum of cash in hand, accounts receivable, and merchandise.

So we need to find the sum of all the figures given in the question.

Current assets = Cash in hand + Accounts receivable + Merchandise

Current assets = $62,300 + $1200 + $26,548 = $90,048

So $90,048 is the final answer.

Answer Link

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