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    dham's Avatar
    dham Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 14, 2007, 06:50 AM
    How do I compute total current assets
    Having the following information, how do I compute total current assets.

    Land
    $ 9,000
    Machinery
    1,100
    Accounts payable
    1,750
    Cash
    400
    Buildings
    10,000
    Accounts receivable
    950
    Retained earnings
    1,000
    Inventory
    4,000
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Sep 14, 2007, 02:59 PM
    What do YOU think the answer is?

    Make an attempt at your own homework first. Then we will assist you.
    anita5143's Avatar
    anita5143 Posts: 7, Reputation: 1
    New Member
    		  
    #3

    Oct 28, 2010, 11:57 AM
    Comment on CaptainForest's post
    Rude
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #4

    Oct 28, 2010, 04:01 PM

    There are only three accunts that you have listed that are current assets; Cash, Accounts Receivable, and Inventory.
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