If the Assets Could Be Sold for $228,000 and There

question 47

Multiple Choice

If the assets could be sold for $228,000 and there are no liquidation expenses, what is the amount that Laurel would receive from the liquidation?

• A) $36,000.
• B) $ 0.
• C) $ 2,500.
• D) $38,250.
• E) $67,250.

---

Definitions:

Human Relations Movement

A management philosophy that emphasizes the importance of considering workers' psychological and social needs to increase productivity and job satisfaction.

Fatigue

A state of physical or mental weariness resulting from exertion or prolonged stress.

Productivity

Measures the efficiency of production in terms of the output of goods and services relative to the input of resources.

Classical Viewpoint

An early prescription on management that advocated a high specialization of labour, intensive coordination, and centralized decision making.