Your Venture Has Total Assets of $690, Net Fixed Assets

question 46

Multiple Choice

Your venture has total assets of $690, net fixed assets of $500, long term debt of $80, and stockholders' equity of $400. What is the amount of your venture's current liabilities?

• A)-$120
• B)$100
• C)$210
• D)$290

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Definitions:

Margin Of Safety

The difference between actual or expected sales and sales at the break-even point.

Actual

Pertaining to the real, recorded, or true values or outcomes, as opposed to estimated, planned, or theoretical figures.

Expected

Referring to what is considered likely or anticipated in terms of events, values, or outcomes.

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit of a product.