Cash and Equivalents are $1,561;Short-Term Investments are $1,052;Accounts Receivables are $3,616;Accounts Payable are $5,173;Short-Term Debt is $288;Inventories are $1,816;Other Current Liabilities are $1,401;and Other Current Assets are $707.What is the amount of Total Current Liabilities?

Question

Quizplus · Accepted Answer

Total Current Liabilities can be calculated by adding Accounts Payable, Short-Term Debt, and Other Current Liabilities. Therefore, Total Current Liabilities = $5,173 + $288 + $1,401 = $6,862. The best choice is C.

Cash and Equivalents Are $1,561;Short-Term Investments Are $1,052;Accounts Receivables Are