From the following account balances of Frosty Pty Ltd as at 30 June 2019, what is the total value of the business ASSETS? Cash at bank                                                 $14, 000Accounts receivable (net)                             54,000Inventory                                                         64,000Plant and equipment                                  350,000Goodwill                                                        180,000Accounts payable                                           45,000Borrowings                                                   184,000Provisions                                                        45,000Share capital                                                 240,000Retained earnings                                       148,000

The accountant for PurpleShops has compiled the following information about the business and its accounts: Cash$2,000 Inventory$20,000Revenues10,000 Expenses6,000Accounts   Payable6,000 Equipment15,000Wages Payable4,000 Notes payable24,000      What are the total assets of this business?Question 7Select one:a.15,000b.47,000c.37,000d.41,000

Question 10Use the balance sheet pictured to answer the following question.Balance SheetCurrent assetsAmount Cash$2,500 Accounts receivable$400 Inventory$400 Prepaid rent$10,000Long-term assets Equipment$3,900 Vehicle$25,000 Accumulated depreciation-$2,500 Furniture$2,200 Computers$2,600Total Assets$44,500If Eternal Summer purchased $500 worth of Inventory using their supplier credit line, what would the total assets be after the transaction? 1 point$44,000$44,500$45,000

CAFE-TER-RYA has the following balance sheet statement items: total current liabilities of P805,000; total assets of P2,655,000; fixed and other assets of P1,770,000; and long-term debt of P200,000. What is the amount of the firm's total current assets?

Assets Liabilities  Accounts payable 25,000Cash 8, 000 Bank overdrafts 1,500Accounts receivables 10, 000 Long term loans 40,000Inventory 10, 000 Total liabilities 66,500Property, Plant and Equipment 100, 000 Shareholders Equity   Share capital 35,000  Retained earnings 26, 500Total Assets 128, 000 Total Liabilities and SE 128, 000 You have the following information from the balance sheet of Company X as at 30 June 2018.Calculate current ratio.

Assets Liabilities  Accounts payable 25,000Cash 8, 000 Bank overdrafts 1,500Accounts receivables 10, 000 Long term loans 40,000Inventory 10, 000 Total liabilities 66,500Property, Plant and Equipment 100, 000 Shareholders Equity   Share capital 35,000  Retained earnings 26, 500Total Assets 128, 000 Total Liabilities and SE 128, 000 You have the following information from the balance sheet of Company X as at 30 June 2018.Calculate liquid ratio.  Question 4Select one:a.0.72b.1.12c.0.8d.1.06