If Liabilities Are $75,000, Two-Thirds of Which Represent Current Liabilities

question 118

Multiple Choice

If liabilities are $75,000, two-thirds of which represent current liabilities, and total assets are
$500,000, what is the ratio of Stockholders' Equity to Total Equities?

• A)10 percent
• B)6)7 percent
• C)12.5 percent
• D)85 percent

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Definitions:

Simulacrum

An image or representation of someone or something that is not true to the original but is accepted as real.

Surface

The outer or topmost boundary of an object, which can be perceived directly or interacted with.

Jacques Derrida

A French philosopher best known for developing deconstruction, a critical approach that explores the complexities and instabilities in texts, language, and meaning.

Underlying Laws

Fundamental principles or theories that serve as the foundation for a wider set of observations or phenomena within a field of study.