The Following Financial Information Is from Bronco Company A)$63,000
B)$28,000

question 8

Multiple Choice

The following financial information is from Bronco Company.All debt is due within one year unless stated otherwise.What is the amount of current liabilities? $$\begin{array} { | l | r | } \hline \text { Retained Earnings } & \$ 52,000 \\\hline \text { Supplies } & 37,000 \\\hline \text { Equipment } & 72,000 \\\hline \text { Accounts Receivable } & 8,600 \\\hline \text { Deferred Revenue } & 6,000 \\\hline \text { Accounts Payable } & 15,000 \\\hline \text { Common Stock } & 25,000 \\\hline \text { Notes Payable (due in } 18 \text { months) } & 35,000 \\\hline \text { Interest Payable } & 7,000 \\\hline \text { Cash } & 22,400 \\\hline\end{array}$$

• A)$63,000.
• B)$28,000.
• C)$45,600.

---

Definitions:

Fava Bean

A type of broad bean cultivated for human consumption, known for its flat, large green pods and significant cultural and historical importance in many diets.

Social Myth

A widely held but false belief or idea that is perpetuated within societal norms and culture.

Phenotypic Expressions

Observable traits or characteristics of an organism that result from the interaction of its genotype with the environment.

Colonial Mexico

The period in Mexican history from the early 16th century until the early 19th century when it was under Spanish rule, marked by significant cultural, social, and political changes.