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A Company Has the Following Account Balances A)$27,300
B)$27,900
C)$30,900
D)$47,300
E)$50,300

Question 87

Multiple Choice

A company has the following account balances. How much cash does the firm have assuming there are no other accounts?
 Inventory $22,500 Total Equity $98,800 Accounts Receivable $20,200 Fixed assets $78,300 Accounts payable $19,100 Long-term debt $34,000\begin{array}{ll}\text { Inventory } & \$ 22,500 \\\text { Total Equity } & \$ 98,800 \\\text { Accounts Receivable } & \$ 20,200 \\\text { Fixed assets } & \$ 78,300 \\\text { Accounts payable } & \$ 19,100 \\\text { Long-term debt } & \$ 34,000\end{array}


A) $27,300
B) $27,900
C) $30,900
D) $47,300
E) $50,300

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