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Answer me which one should I select; A,b, c, d QUESTION 5 Cash $3,500, Accounts Receivable...

Answer me which one should I select; A,b, c, d

QUESTION 5
Cash $3,500, Accounts Receivable $10,500, Inventory $23,900, Short‐term Investments $5,900, Prepaid Expenses $8,900, Intangible Assets $22,000, Long – term Notes Payable $30,400, Property Plant and Equipment $45,000, Accounts Payable $7,800) What is the balance of its non‐current asset section of the balance sheet?
       A)$67,000
       b) $45,000
       c)$30,400
       d)$52,700

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Answer #1

Answer: Option A $67,000

Explanation:

Non current assets = Property Plant and Equipment + Intangible Assets

Non current assets = $45,000 + $22,000 = $67,000 (Answer)

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