If Total Assets Equal $295 000,total Liabilities Are $165 000

question 30

Multiple Choice

If total assets equal $295 000,total liabilities are $165 000 and total equity equals $130 000 then net assets equals:

• A) $295 00
• B) $130 000
• C) $165 000
• D) $30 000

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Definitions:

Transpiration

Plant’s loss of water to the atmosphere, mainly through evaporation at leaf stomata.

Petioles

The stalks that join a leaf to the stem of a plant.

Cabbage

A leafy green, red, or white biennial plant grown as an annual vegetable crop for its dense-leaved heads, belonging to the Brassica family.

Onions

Edible bulb vegetables known for their strong flavor and aroma, scientifically named Allium cepa.