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A company has $600 in inventory, $1,885 in net fixed assets, $276 in accounts receivable, $125 in cash, and $322 in accounts payable. What are the company's total current assets

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Answer:

The answer is $1001

Explanation:

Solution

Given that:

A company inventory is = $600

Net fixed assets =$1,885

Cash =$125

Accounts payable = $322

Now we have to find the company's total current assets

Thus

Inventory =$ 600

Accounts receivable=$276

Cash=$125

Total current assets =$1001

Hence the total assets of the company is $1001

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