The Following Data (In Thousands) Is Available for Chang Company

question 203

Multiple Choice

The following data (in thousands) is available for Chang Company. The subtotal of the last asset classification on the 2014 Statement of Financial Position is:

• A) ¥11,690.
• B) ¥18,620.
• C) ¥23,000.
• D) ¥20,380.

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Definitions:

Glucagon

A hormone produced by the pancreas that raises blood glucose levels by promoting the conversion of stored glycogen into glucose in the liver.

Glycogen

A large, branched polysaccharide that serves as a form of energy storage in animals and fungi; it is primarily stored in the liver and muscle cells.

Adrenal Medulla

Inner portion of the adrenal gland; secretes the hormones epinephrine and norepinephrine.

Hormones

Chemical substances produced in the body that regulate and control the activity of certain cells or organs, essential for every bodily function.