The following partial balance sheet ($ in thousands) for paisano seafood inc. is shown below. assets liabilities and equitycurrent assets: current liabilities: cash $ 60 accounts payable $ 240accounts receivable (net) 170 other liabilities 80notes receivable 50 total current liabilities 320inventories 200 long-term liabilities 110prepaid expenses 25 total liabilities 430total current assets 505 shareholders' equity: plant assets (net) 255 capital stock 150retained earnings 180total shareholders' equity 330total assets $ 760 total liabilities and equity $ 760quick assets total: (a) $280 thousand. correct
(b) $60 thousand.
(c) $230 thousand.
`(d) $305 thousand.

Total current assets = $60 + $170 + $50+ $200+ 25 =  $505

Quick assets = Total current assets - Inventory

Quick assets = $505 - $200  = $305

The correct answer is D

Explanation:

Total current asset is the aggregate of cash, accounts receivable, notes receivable, inventory and prepaid expenses.

Quick asset is the difference between total current assets and inventory,

answerpounds of plastic to purchase 200+60-20=(240);

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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