The Assets of a Company Total $700,000; the Liabilities, $200,000

question 50

Multiple Choice

The assets of a company total $700,000; the liabilities, $200,000. What are the net assets?

• A) $500,000.
• B) $900,000.
• C) $200,000.
• D) It is impossible to determine unless the amount of this owners' investment is known.
• E) $700,000.

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Definitions:

Skills Inventory

A comprehensive list or database that details the specific skills, competencies, and qualifications of an organization's employees.

Individualized Personnel Record

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