Based on the Above Data, What Is the Amount of Accounts

question 175

Multiple Choice

$\begin{array}{ll}\$ 30,000 & \text { Accounts payable } \\65,000&\text { Accounts receivable } \\7,000 & \text { Acculud liabilities } \\20,000 & \text { Cash } \\40,000 & \text { Intangible assets } \\72,000 & \text { Inventory } \\100,000 & \text { Long-term investments } \\75,000 & \text { Long-term liabilities } \\36,000 & \text { Marketable securities } \\20,000 & \text { Notes payable (short-term) } \\625,000 & \text { Property, plant, and equipment } \\2,000 & \text { Prepaid expenses }\end{array}$ Based on the above data, what is the amount of quick assets?

• A) $163,000
• B) $195,000
• C) $121,000
• D) $56,000

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