Current assets: 2007 2008 Current liabilities 2007 2008 Cash and marketable secu
ID: 2704825 • Letter: C
Question
Current assets:
2007
2008
Current liabilities
2007
2008
Cash and marketable securities
$3
$2
Accrued wages and taxes
$1
$1
Accounts receivable
4
5
Accounts payable
3
4
Inventory
6
5
Notes payable
9
7
Total
$13
$12
Total
$13
$12
Current assets:
2007
2008
Current liabilities
2007
2008
Cash and marketable securities
$3
$2
Accrued wages and taxes
$1
$1
Accounts receivable
4
5
Accounts payable
3
4
Inventory
6
5
Notes payable
9
7
Total
$13
$12
Total
$13
$12
Explanation / Answer
Cash from operating activity=1250000
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