What Is the Value of Total Assets If Current Assets

question 23

Multiple Choice

What is the value of total assets if current assets equal $2200, current liabilities equal $1500, non-current liabilities equal $800 and shareholders' equity equals $2500?

• A) $2200
• B) $3700
• C) $4800
• D) $7000

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Definitions:

Osteoclasts

Type of bone cell responsible for the breakdown and resorption of bone tissue, playing a crucial role in bone maintenance, growth, and repair.

Calcium

A chemical element, symbol Ca, essential for living organisms, particularly in cell physiology and bone formation.

Humerus

The humerus is the long bone in the upper arm, extending from the shoulder to the elbow.

Tibia

A large bone located in the lower leg, between the knee and the ankle, parallel to the fibula.