| |
---|---|
Cash | $200,000 |
Marketable securities | $100,000 |
Accounts receivable, net | $300,000 |
Inventories, net | $480,000 |
Prepaid expenses | $120,000 |
Total current assets | $1,200,000 |
| |
---|---|
Accounts payable | $250,000 |
Income taxes | $50,000 |
Accrued liabilities | $100,000 |
Current portion of long-term debt | $200,000 |
Total current liabilities | $600,000 |