14. Lear, Inc., has $800,000 in current assets, $350,000 of which are considered permanent current assets.
To find the amount of temporary current assets for Lear, Inc., we need to subtract the amount of permanent current assets from the total current assets.
Temporary Current Assets = Total Current Assets - Permanent Current Assets
In this case:
Total Current Assets = $800,000
Permanent Current Assets = $350,000
Temporary Current Assets = $800,000 - $350,000
Temporary Current Assets = $450,000
Hence, Lear, Inc. has $450,000 of temporary current assets.