A Firm's Current Assets Equal $150,000; Its Fixed Assets Are

question 84

Multiple Choice

A firm's current assets equal $150,000; its fixed assets are $850,000; its current liabilities are $225,000 and its fixed liabilities are $400,000.What is its net worth?

• A) $ 75,000
• B) $375,000
• C) $450,000
• D) $600,000

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Definitions:

Distinctiveness

The quality of being distinctly different or unique, often used in the context of individual or group identity and characteristics.

Consistency

The quality of achieving a level of performance or behavior that does not vary greatly in quality over time.

Dispositional Explanations

Attributions of behavior to stable internal factors, including personality traits and beliefs.

Circumstances

The conditions or facts affecting a specific event, decision, or action.