The inventory has a book value of 53300 and an estimated


The Corner Store currently has $3,600 in cash. The company owes $31,800 to suppliers for merchandise and $21,500 to the bank for a long-term loan. Customers owe The Corner Store $19,000 for their purchases. The inventory has a book value of $53,300 and an estimated market value of $71,200. If the store compiled a balance sheet as of today, what would be the book value of the current assets?

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Finance Basics: The inventory has a book value of 53300 and an estimated
Reference No:- TGS0600267

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