Based on the Following Data, What Is the Amount of Quick

question 49

Multiple Choice

Based on the following data, what is the amount of quick assets? $\begin{array}{ll}\$ 32,000 & \text { Accounts payable } \\56,000 & \text { Accounts receivable } \\7,000 & \text { Accrued liabilities } \\20,000 & \text { Cash } \\40,000 & \text { Intangible assets } \\72,000 & \text { Inventory } \\100,000 & \text { Long-term investments } \\75,000 & \text { Long-term liabilities } \\40,000 & \text { Marketable securities } \\20,000 & \text { Notes payable (short-term) } \\625,000 & \text { Property, plant, and equipment } \\2,000 & \text { Supplies }\end{array}$

• A) $228,000
• B) $188,000
• C) $116,000
• D) $114,000

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Definitions:

Nucleotide Sequences

The arrangement of nucleotides in a strand of DNA or RNA, determining genetic information and its expression.

Bacteria

Microscopic, single-celled organisms that inhabit almost all environments on Earth, including soil, water, and within other organisms.

Protista

A diverse kingdom of mostly unicellular organisms that are not plants, animals, or fungi, including algae, protozoa, and slime molds.

Genomes

The complete set of genes or genetic material present in a cell or organism, providing the biological blueprint for an organism’s structure and function.