Based on the following data, what is the amount of quick assets?
accounts payable $30,000
accounts receivable 45,000
accrued liabilities 7,000
cash 20,000
intangible assets 40,000
inventory 72,000
long-term investments 100,000
long-term liabilities 75,000
marketable securities 36,000
notes payable (short-term) 20,000
property, plant, and equipment 625,000
prepaid expenses 2,000

the total of quick assets is 173,000

Explanation:

assets are fast, they are those that are considered current, that is, in less than a year they can be used to cancel liabilities or acquire other goods.

First we dismiss all liability accounts.

Then we analyze the possibility of assets "becoming" money in less than a year.

They are the following items:

Accounts receivable 45,000

Cash 20,000

Inventory 72,000

Marketable securities 36,000

Total = 173,000

answer; organizational;

answer; decentralized;