LG IncHas Done a Long-Term Forecast of Its Balance Sheet

question 87

Multiple Choice

LG Inc.has done a long-term forecast of its balance sheet.The projected total assets for the next year are $200 million.The current liabilities are projected to be $100 million and other long-term liabilities are $70 million.How much net new financing is needed in the following year?

• A)$18 million
• B)$22 million
• C)$25 million
• D)$30 million
• E)$27 million

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Definitions:

Male External Genitalia

The external structures of the male reproductive system, including the penis, scrotum, and testes, involved in sexual function and reproduction.

Sex Stereotype

Fixed and oversimplified ideas about the roles, abilities, and behaviors appropriate for men and women based on their sex.

Relational Aggression

A type of aggression in which relationships are manipulated and/or damaged in order to hurt an individual.