A Company Has $72,000 in Assets and $23,000 of Stockholders

question 147

Multiple Choice

A company has $72,000 in Assets and $23,000 of Stockholders' Equity. How much does the company have in Liabilities?

• A)$23,000
• B)$49,000
• C)$95,000
• D)Cannot be determined from the given information

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Definitions:

Lymphatic Vessels

Part of the lymphatic system, these vessels carry lymph fluid throughout the body, aiding in the removal of toxins and waste.

Digestive Tract

The series of hollow organs joined in a long, twisting tube from the mouth to the anus, where digestion and absorption of food occurs.

Lipids Absorption

The process by which lipids are taken up from the digestive tract into the bloodstream or lymphatic system for use or storage in the body.

Lymphatic System

Part of the immune system, comprising a network of lymphatic vessels that carry a clear fluid called lymph towards the heart.