Question: JoJo Books Corp has a Current Ratio equal to 5 , and a Cash Ratio equal to . 5 0 JoJo Books Corp has CURRENT

JoJo Books Corp has a Current Ratio equal to 5, and a Cash Ratio equal to .50
JoJo Books Corp has CURRENT LIABILITIES =$10,000.
Assume that JoJo's Current Assets consists of only Cash, Accounts Receivable, and Inventory. In other words, Current Assets = Cash and Accounts Receivable and Inventory.
How much does JoJo Books Corp hold in Accounts Receivable and Inventory (in total)? In other words, what is Accounts Receivable + Inventory equal to?
 JoJo Books Corp has a Current Ratio equal to 5, and

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