Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565;

Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565; net fixed and other assets of $1,517,190; total assets of $3,024,337; and long-term debt of $945,015. What is the amount of the firm’s current assets?

Expert Solution

Firm current assets =

Total assets - Net fixed and other assets

=3,024,337-1,517,190

=$1,507,147

jeff jeffy answered 1 year ago

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