A thorough review of GE Broadcasting assets at the end of December 31, 20X5, resulted...
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A thorough review of GE Broadcasting assets at the end of December 31, 20X5, resulted in the following information:
Cash on hand and cash at bank totaling $484,000
Fixed-term deposits with banks totaling $142,000 (matures July 1, 20X7)
Inventories totaling $324,000
Trade receivables totaling $245,000
Loans to employees of $120,000, 30% of which is due by the end of 20X6
PPE with a historical cost of $129,000 and accumulated depreciation of $12,000 Investment in associate companies using equity method at $35,000
Short-term investment in publicly traded shares of listed companies at $10,000
What are GE Broadcastings current and non-current assets?
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