Long-Term Assets Are $5,000,current Liabilities Are $700,and Long-Term Liabilities Are

question 134

Multiple Choice

Long-term assets are $5,000,current liabilities are $700,and long-term liabilities are $3,000.If the current ratio is 3 to 1,then current assets are

• A)$9,000.
• B)$6,900.
• C)$4,300.
• D)$2,100.

---

Definitions:

Face-to-face

A form of communication where the parties involved interact directly in the same physical space, allowing for non-verbal cues.

Email

A method of exchanging digital messages over the Internet between people using electronic devices.

Primary Research Methods

Techniques used to gather new data directly from sources or experiments, rather than analyzing existing data.

Social Sciences

Academic disciplines that study societies and human behavior, including psychology, sociology, anthropology, and economics.