The following are the current assets of Barnes Co. as of December 31:
Prepare the current assets section of the balance sheet.
Definitions:
Outsourcing
The practice of hiring third-party vendors to perform services or produce goods traditionally performed in-house, usually to cut costs.
Metric
A quantitative measure used to assess performance, progress, or quality of a product, process, or service.
Measure
The process of quantitatively assessing performance, characteristics, or quality of products, services, or processes, typically by using specific tools and metrics.
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