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    jeanmleconte's Avatar
    jeanmleconte Posts: 1, Reputation: 1
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    #1

    Aug 18, 2010, 05:36 PM
    What is the total asset of a company with the following information given
    Current asset- 80,000
    Fixed asset- 112,000
    Inventory- asset- 12,000
    Current liability- 30,000
    Long term liability- 86,000
    Net income- 57,000
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Aug 18, 2010, 06:13 PM

    current asset- 80,000
    fixed asset- 112,000
    inventory- asset- 12,000

    TOTAL ASSETS = 204,000
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