Principles of Accounting Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions.(Click the icon to view the data.)RequirementUsing the above data, calculate total current assets for each company. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero. Enter amounts in millions as provided to you in the problem statement, $X.)Begin by calculating total current assets for Company A.Total current assets▼CData tableCompany ACashNet Sales RevenueFinished Goods InventoryCost of Goods SoldSelling ExpensesEquipmentWork-in-Process InventoryAccounts ReceivableCost of Goods ManufacturedAdministrative ExpensesRaw Materials Inventory$Company B8 Wages Expense35 Equipment4 Accounts Receivable25Service Revenue2 Cash65 Rent Expense1092417Print$Done1841Company CAdministrative ExpensesCashNet Sales Revenue538 Selling Expenses8 Merchandise Inventory14EquipmentAccounts ReceivableCost of Goods Sold$105 w co w w32411310X Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions.(Click the icon to view the data.)RequirementUsing the above data, calculate total current assets for each company. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero. Enter amounts in millionsBegin by calculating total current assets for Company A.Accounts ReceivableAdministrative ExpensesCashCost of Goods ManufacturedCost of Goods SoldEquipmentFinished Goods InventoryNet Sales RevenueRaw Materials InventorySelling ExpensesWork-in-Process InventoryCData tableCompany ACashNet Sales RevenueFinished Goods InventoryCost of Goods SoldSelling ExpensesEquipmentWork-in-Process InventoryAccounts ReceivableCost of Goods ManufacturedAdministrative ExpensesRaw Materials Inventory$8 Wages35 Equipm4 Accoun25 Service265109241CashRent ExPr

Name: Principles of Accounting Selected data for three companies are given b
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: Principles of Accounting Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions.(Click the icon to view the data.)RequirementUsing the above data, calculate total current assets fo