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Hi,

I am brand new to this forum. I have tried getting help from my instructor on this assignment. I have the first part done but need a little clarification on the second part. I hope someone out there can give me a hand.

B. The alternative, lead might wish to finance ALL FIXED and PERMANENT CURRENT ASSETS plus HALF of TEMPORARY CURRENT ASSETS with Long-term financing. All other assets will be financed with short-term financing.

I need help figuring out what the temporary current assets are.

Current Assets = $795,000
Permanent Current Assets = $365,000
Fixed Assets = $600,000

So clearly I will use $600,000 + $365,000 + ????