The Sally Company has the following data available at December 31,2016: 
At December 31,2016,what are the total current liabilities?
Definitions:
Law of Diminishing Returns
An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain at a constant.
Marginal Product
The additional output that is produced by employing one more unit of a particular input, keeping all other inputs constant.
Variable Resource
An input in production that can be adjusted in the short term to change the level of output.
Marginal Product
The additional output that is produced by using one more unit of a particular input, holding all other inputs constant.
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