A Firm Has $520 in Inventory,$1,860 in Fixed Assets,$190 in Accounts

question 73

Multiple Choice

A firm has $520 in inventory,$1,860 in fixed assets,$190 in accounts receivables,$210 in accounts payable,and $70 in cash.What is the amount of the current assets?

• A)$710
• B)$780
• C)$990
• D)$2,430
• E)$2,640

---

Definitions:

Performance Measurement

The process of evaluating the effectiveness and efficiency of actions or outputs of employees, departments, or organizations.

Subordinates

Employees or individuals who are under the authority of a supervisor or manager.

Subordinate Evaluations

The process through which employees provide feedback on the performance and leadership qualities of their supervisors.

Performance Appraisal

Performance appraisal is a systematic evaluation of an individual employee's job performance and productivity in relation to certain pre-established criteria and organizational objectives.