Jamie McFarland Has Determined That the Value of Her Liquid

question 69

Multiple Choice

Jamie McFarland has determined that the value of her liquid assets is $4,500,the value of her real estate is $128,000,the value of her personal possessions is $62,000,and the value of her investment assets is $73,000.She has also determined the value of her current liabilities is $7,500 and the value of her long term liabilities is $98,000.What is the total value of her assets?

• A)$267,500
• B)$105,500
• C)$162,000
• D)$205,500
• E)None of these

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Definitions:

Ethylene Glycol

A toxic organic compound commonly used as an automotive antifreeze and a precursor to polymers.

1,2-Ethanediol

A chemical compound commonly known as ethylene glycol, used as an antifreeze and precursor to polymers.

Propanoic Acid

A colorless, oily liquid with a pungent odor, used in the manufacture of various chemicals, including as a preservative.

Osmosis

The movement of water molecules through a semi-permeable membrane from a region of low solute concentration to a region of high solute concentration to equalize the concentrations on both sides of the membrane.