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:

Winning Back

Refers to strategies or efforts aimed at regaining the favor, business, or support of former customers, clients, or partners.

High-end CRM

Customer Relationship Management software that offers advanced features and functionalities designed to manage a company's interactions with current and potential customers at a sophisticated level.

Different Customers

Refers to the diverse set of individuals or organizations that a business markets its products or services to.

CMA

stands for Certified Management Accountant, a professional certification credential in the management accounting and financial management fields.