Multiple Choice
Assume a company has the following account balances: Accounts Receivable: $25,000; Notes Receivable (due in 9 months): $10,000; Allowance for Doubtful Accounts: $2,000 (credit); Interest Receivable: $1,500; Inventory: $15,000; Equipment: $50,000. What is the total amount of current assets related to receivables, assuming the accounts above reflect normal activity?
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