Young Industries has a 3-year bank loan of $95,000, a 6-month note payable of $7,500, an $89,700 mortgage, and accounts payable of $43,900. What is the amount of the total current liabilities? (Ignore the current portion of any long-term debt.)
A) $7,500
B) $43,900
C) $89,700
D) $51,400
E) $146,400
Correct Answer:
Verified
Q45: Accent Jewelry, Inc., has annual sales of
Q46: Which one of the following is generally
Q47: Which two of the following are generally
Q48: A firm has $4,200 of cash, equipment
Q49: ABC Construction, Inc., has buildings and equipment
Q51: Behrend Corporation has annual sales of $4.5
Q52: The management of Downtown Athletics recently voted
Q53: The Cruise Ship Co. has taxable income
Q54: Handy Man Services, Inc., has net income
Q55: Which one of the following is most
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents