Use the Following Information as of December 31 to Determine

question 164

Multiple Choice

Use the following information as of December 31 to determine equity. $$\begin{array} { l r } \text { Cash } & \$ 57,000 \\\text { Buildings } & 175,000 \\\text { Equipment } & 206,000 \\\text { Liabilities } & 141,000\end{array}$$

• A) $141,000.
• B) $579,000.
• C) $297,000.
• D) $438,000.
• E) $57,000.

---

Definitions:

API Diesel Engine Oil

A type of engine oil that meets the performance standards set by the American Petroleum Institute (API) for diesel engines.

Diesel Particulate Filter (DPF)

A component in diesel engine exhaust systems that captures and stores exhaust soot to reduce emissions of particulate matter.

OEMs

Original Equipment Manufacturers; companies that produce parts and equipment that may be marketed by another manufacturer.

Aftermarket Diesel Fuel Conditioners

Products added to diesel fuel to improve engine performance, fuel efficiency, and reduce emissions.