A firm has $3,800 of cash, equipment worth $46,300, inventory of $36,300, a building worth $130,500, and $19,600 of accounts receivable. What is the value of the total fixed assets?

Name: A firm has $3,800 of cash, equipment worth $46,300, inventory of $36,300, a building worth $130,500, and $19,600 of accounts receivable. What is the value of the total fixed assets?
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Question

Quizplus · Accepted Answer

Fixed assets include equipment, inventory, and building. The value of the total fixed assets is $46,300 + $36,300 + $130,500 = $213,100.

A Firm Has $3,800 of Cash, Equipment Worth $46,300, Inventory