Reference no: EM132628556
The Pioneer Company has provided the following account balances:
Cash $39,400;
Short-term investments $5,400;
Accounts receivable $55,000;
Supplies $7,400;
Long-term notes receivable $3,400;
Equipment $103,000;
Factory Building $194,000;
Intangible assets $7,400;
Accounts payable $28,600;
Accrued liabilities payable $3,300;
Short-term notes payable $16,800;
Long-term notes payable $99,000;
Common stock $194,000;
Retained earnings $73,300.
Problem 1: What are Pioneer's total current assets?