The total dollar amount of assets to be classified as current assets is

A) $295,000.
B) $235,000.
C) $175,000.
D) $160,000.

Question

The total dollar amount of assets to be classified as current assets isA) $295,000.B) $235,000.C) $175,000.D) $160,000.

Jenny Macedo · Accepted Answer

Final Answer : A, Explanation :  Current assets typically include cash and cash equivalents, marketable securities, accounts receivable, inventory, and other assets that are expected to be converted into cash within one year. Without specific details on the assets included in the calculation, it's not possible to provide a detailed explanation. However, the correct answer to the question is based on the information provided in the question or the context of a larger dataset or scenario that was not included in your query.

The total dollar amount of assets to be classified as current assets is

A) $295,000.
B) $235,000.
C) $175,000.
D) $160,000.

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