If Total Assets Are $30,000 and Total Liabilities Are $18,000,Capital

question 124

Multiple Choice

If total assets are $30,000 and total liabilities are $18,000,Capital must equal:

• A)$12,000.
• B)$28,000.
• C)$8,000.
• D)$20,000.

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Definitions:

Filing Fees

Charges required to file documents with a governmental body or court, often mandatory for legal processes, registrations, or applications.

Seasoned Stock Offering

A public offering of securities by a company that has previously issued securities to the public.

Market Value

The going rate at which the market facilitates the purchase or sale of assets or services.