The Following Information Pertains to Gable Company Invested Capital Is _____ If It Is Defined as Total

question 68

Multiple Choice

The following information pertains to Gable Company: $\begin{array}{llll}\text { Current assets } & \$ 100,000 & \text { Current liabilities } & \$ 75,000\\\text { Property, plant and } \\\\\text { equipment } & 150,000 & \text { Long-term liabilities } & 100,000 \\\text { Construction in progress } & 50,000 & \text { Stockholders' equity } & 125,000\\\text { Total assets }&\$300,000&\text { Total assets }&\$300,000\end{array}$ Invested capital is _____ if it is defined as total assets.

• A)$300,000
• B)$250,000
• C)$225,000
• D)$100,000

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