Question: E 4 - 1 7 A . ( Learning Objective 3 : Classifying assets based on liquidity ) A thorough review of Star Broadcasting Inc.

E4-17A.(Learning Objective 3: Classifying assets based on liquidity) A thorough review of Star Broadcasting Inc. assets at the end of December 31,20X5, resulted in the following information: - Cash on hand and cash at bank totaling \$242,000- Fixed-term deposits with banks totaling \$71,000(matures September 1,20X7)- Inventories totaling \$162,000- Trade receivables totaling \(\$ 122,500\)- Loans to employees of \(\$ 60,000,40\%\) of which is due by the end of 20X6- PPE with a historical cost of \(\$ 64,500\) and accumulated depreciation of \(\$ 6,000\)- Investment in associate companies using equity method at \(\$ 17,500\)- Short-term investment in publicly traded bonds of listed companies at \$5,000- What are Star Broadcasting's current and noncurrent assets?
E 4 - 1 7 A . ( Learning Objective 3 :

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