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Based on the Above Data, What Is the Amount of Accounts

Question 175

Multiple Choice

$30,000 Accounts payable 65,000 Accounts receivable 7,000 Acculud liabilities 20,000 Cash 40,000 Intangible assets 72,000 Inventory 100,000 Long-term investments 75,000 Long-term liabilities 36,000 Marketable securities 20,000 Notes payable (short-term)  625,000 Property, plant, and equipment 2,000 Prepaid expenses \begin{array}{ll}\$ 30,000 & \text { Accounts payable } \\65,000&\text { Accounts receivable } \\7,000 & \text { Acculud liabilities } \\20,000 & \text { Cash } \\40,000 & \text { Intangible assets } \\72,000 & \text { Inventory } \\100,000 & \text { Long-term investments } \\75,000 & \text { Long-term liabilities } \\36,000 & \text { Marketable securities } \\20,000 & \text { Notes payable (short-term) } \\625,000 & \text { Property, plant, and equipment } \\2,000 & \text { Prepaid expenses }\end{array} Based on the above data, what is the amount of quick assets?


A) $163,000
B) $195,000
C) $121,000
D) $56,000

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