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23 January, 17:26

A company has $600 in inventory, $1,885 in net fixed assets, $276 in accounts receivable, $125 in cash, and $322 in accounts payable. What are the company's total current assets

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  1. 23 January, 17:34
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    The answer is $1001

    Explanation:

    Solution

    Given that:

    A company inventory is = $600

    Net fixed assets = $1,885

    Cash = $125

    Accounts payable = $322

    Now we have to find the company's total current assets

    Thus

    Inventory = $ 600

    Accounts receivable=$276

    Cash=$125

    Total current assets = $1001

    Hence the total assets of the company is $1001
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