Total Assets on Your Balance Sheet Are $6,000 and Liabilities

question 81

Multiple Choice

Total assets on your balance sheet are $6,000 and liabilities are $2,000. Your solvency ratio will be:

• A) 30.2%.
• B) 33.3%.
• C) 67.7%.
• D) 85.0%.
• E) 75.0%.

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Definitions:

Erythropoietin

A hormone produced by the kidneys that stimulates the production of red blood cells in the bone marrow.

Kidney

A pair of organs located in the abdominal cavity responsible for filtering waste products from the blood and excreting them as urine.

Pineal Body

A small gland located between the cerebral hemispheres that secretes melatonin.

Growth Hormone

A peptide hormone that stimulates growth, cell reproduction, and cell regeneration in humans and other animals. It is crucial for human development.