-Use the information above to answer the following question.What is the amount of current assets on the classified balance sheet?
A) $113,540.
B) $64,040.
C) $32,840.
D) $82,170.

Question

-Use the information above to answer the following question.What is the amount of current assets on the classified balance sheet?
A) $113,540. 
B) $64,040. 
C) $32,840. 
D) $82,170.

Quizplus · Accepted Answer

The amount of current assets is $64,040, as it is the sum of cash, accounts receivable, and inventory typically listed in the current assets section of a classified balance sheet.

-Use the Information Above to Answer the Following Question