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Question 9 Based Following Data Amount Quick Assets Accounts Payable 30 000 Accounts Recei Q17772890

QUESTION 9Based on the following data, what is the amount of quickassets?Accounts payable$ 30,000Accounts receivable65,000Accrued liabilities7,000Cash20,000Intangible assets40,000Inventory72,000Long-term investments100,000Long-term liabilities75,000Marketable securities36,000Notes payable (short-term)20,000Property, plant, and equipment625,000Prepaid expenses2,000$163,000$195,000$121,000$56,000
 
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