The Book Value of a Firm's Total Assets Is $550,000

question 83

Multiple Choice

The book value of a firm's total assets is $550,000 and it has pledged $500,000 of those assets to secure a loan of $450,000. The firm's total liabilities are $425,000. Thepledged assets to secured liabilities is:

• A) 1.4.
• B) 1.3.
• C) 2.2.
• D) 1.7.
• E) 1.1.

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Definitions:

Emerging Disease

A disease that was previously unknown or has recently begun spreading to a new region.

Range

The difference between the highest and lowest values in a set of numbers, or the extent of variation.

Detected

Discovered or found out through careful observation, investigation, or the use of specialized equipment.

Methanogens

Microorganisms that produce methane as a metabolic byproduct in anoxic conditions.