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-Based on the Above Data,what Is the Amount of Quick

Question 50

Multiple Choice

 Accounts payable $30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Marketable securities 75,000 Notes payable short-term 36,000 Property, plant, and equipment 20,000 Prepaid expenses 400,0002,000\begin{array}{lr}\text { Accounts payable } & \$ 30,000 \\\text { Accounts receivable } & 35,000 \\\text { Accrued liabilities } & 7,000 \\\text { Cash } & 25,000 \\\text { Intangible assets } & 40,000 \\\text { Inventory } & 72,000 \\\text { Long-term investments } & 100,000 \\\text { Marketable securities } & 75,000 \\\text { Notes payable short-term } & 36,000 \\\text { Property, plant, and equipment } & 20,000 \\\text { Prepaid expenses } & 400,000 \\& 2,000\end{array}
-Based on the above data,what is the amount of quick assets?


A) $168,000
B) $96,000
C) $60,000
D) $61,000

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