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

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Definitions:

Generative Psychology

A psychology intended to generate positive social change through direct intervention.

Action Research

The simultaneous activities of undertaking social science research, involving participants in the process, and addressing a social problem.

Multicultural Challenge

The difficulty of adapting to, managing, and integrating cultural diversity in social institutions and interactions.

Generative Psychology

A branch of psychology that focuses on understanding how individuals create meaning, develop psychologically across the lifespan, and engage in creative processes.