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Based on the following data for Privett Company, what is the amount of quick assets?...

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Accounting

Based on the following data for Privett Company, what is the amount of quick assets?

Privett Company
Accounts payable $32,971
Accounts receivable 70,394
Accrued liabilities 6,227
Cash 21,510
Intangible assets 36,307
Inventory 77,885
Long-term investments 105,639
Long-term liabilities 75,273
Marketable securities 34,204
Notes payable (short-term) 22,713
Property, plant, and equipment 676,342
Prepaid expenses 1,866

Select the correct answer.

$1,628,229

$809,941

$55,714

$126,108

Answer & Explanation Solved by verified expert
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