Question

Based on the following data for Privett Company, what is the amount of quick assets? Privett Company Accounts payable $32,971 Accounts receivable 70,394 Accrued liabilities 6,227 Cash 21,510 Intangible assets 36,307 Inventory 77,885 Long-term investments 105,639 Long-term liabilities 75,273 Marketable securities 34,204 Notes payable (short-term) 22,713 Property, plant, and equipment 676,342 Prepaid expenses 1,866 Select the correct answer. $1,628,229 $809,941 $55,714 $126,108

Answer 1

Answer:

$126,108

Explanation:

$70,394 + $21,510 + $34,204 = $126,108