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The Pioneer Company has provided the following account balances: Cash S38.000; Short-term investments $4.000: Accounts receiv
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Answer #1

Total Current Liabilities = Accounts Payables + Accrued Expenses + Short Term Notes Payables

Accounts Payables = $ 30,000

Accrued Expenses = $ 4,000

Short Term Notes Payables = $ 14,000

Total Current Liabilities = 30,000 + 4,000 + 14,000

Total Current Liabilities = $ 48,000

Option C ($ 48,000) is the Correct Answer.

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