How much are Huron's net noncurrent assets?

A) $122,300.
B) $120,200.
C) $123,800.
D) $112,300.

Question

How much are Huron's net noncurrent assets?A) $122,300.B) $120,200.C) $123,800.D) $112,300.

Leslie Pineda · Accepted Answer

Final Answer : B, Explanation :  Net noncurrent assets equal property, plant, and equipment ($98,700) plus patents ($7,900) plus trademarks ($12,600) plus goodwill ($11,000) minus accumulated depreciation ($10,000).$98,700 + $7,900 + $12,600 + $11,000 - $10,000 = $120,200. Therefore, the net noncurrent assets are $120,200.

How much are Huron's net noncurrent assets?

A) $122,300.
B) $120,200.
C) $123,800.
D) $112,300.

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