Find the company current asset balance

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Reference no: EM132998870

Problem 1: A company's net worth statement is also known as its .

Group of answer choices

Option 1: Cash Flow Statement

Option 2: Balance Sheet

Option 3: Profit and Loss Statement

Option 4: Income Statement

Problem 2: A company has Cash = $200,000; Inventory = $250,000; Accounts Receivable = $150,000; Fixed Assets = $300,000; Long Term Liabilities = 50,000; and Accounts Payable = $75,000. Compute the company's Current Asset balance.

Group of answer choices

Option 1: $450,000

Option 2: $900,000

Option 3: $600,000

Option 4: $400,000

Reference no: EM132998870

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