Huron has provided the following year-end balances: Cash, $21,000 Patents, $7,600 Accounts receivable, $9,600 Property, plant,...

Transcribed Image Text:

Huron has provided the following year-end balances: Cash, $21,000 Patents, $7,600 Accounts receivable, $9,600 Property, plant, and equipment, $98,600 Prepaid insurance, $4,300 Accumulated depreciation, $17,000 Inventory, $41,000 Retained earnings, 15,500 Trademarks, $13,300 Accounts payable, $8,000 Goodwill, $18,000 How much are Huron's current assets? O $75,900. $111,500. O $71,600. O $93,900. Huron has provided the following year-end balances: Cash, $21,000 Patents, $7,600 Accounts receivable, $9,600 Property, plant, and equipment, $98,600 Prepaid insurance, $4,300 Accumulated depreciation, $17,000 Inventory, $41,000 Retained earnings, 15,500 Trademarks, $13,300 Accounts payable, $8,000 Goodwill, $18,000 How much are Huron's current assets? O $75,900. $111,500. O $71,600. O $93,900.

Answer rating: 100% (QA)

ANSWER 75900 Cash 210... View the full answer