A Firm Reports the Following Balance Sheet Items; Total Current

question 81

Multiple Choice

A firm reports the following balance sheet items; total current liabilities of $535,000; total assets of $2,500,000; net working capital of $115,000; and long-term debt of $200,000.What is the amount of the firm's current assets?

• A)$1,315,000
• B)$1,965,000
• C)$650,000
• D)$735,00

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