1. Stating the problem: Find the firm's total current assets using the provided balance sheet items. 2. Given: - Total current liabilities = RM805,000 - Total assets = RM2,655,000 - Fixed and other assets = RM1,770,000 - Long-term debt = RM200,000 3. The total assets consist of current assets plus fixed and other assets, so we can express this as: $$ \text{Total Assets} = \text{Current Assets} + \text{Fixed and Other Assets} $$ 4. Rearranging to find current assets: $$ \text{Current Assets} = \text{Total Assets} - \text{Fixed and Other Assets} $$ 5. Substitute the given values: $$ \text{Current Assets} = 2,655,000 - 1,770,000 = 885,000 $$ 6. Therefore, the firm's total current assets amount to RM885,000.