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Article Excerpt
ANNUAL REPORT
ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION Statements of Financial Position June 30, 2005 and 2004 2005 2004 ASSETS Current Assets: Cash and cash equivalents $728,220 $640,142 Accounts receivable, net of allowance for doubtful accounts 525,957 450,312 Prepaid expenses and other assets 133,323 119,520 Inventory, net of provision for obsolete inventory 40,357 41,053 Total current assets $1,427,857 $1,251,027 Investments, at fair value 314,159 355,493 Property and...
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