Sunlight Company Has Assets and Equity That Amount to $220,000

question 189

Multiple Choice

Sunlight Company has assets and equity that amount to $220,000 and $60,000,respectively.Liabilities total ________.

• A)$60,000
• B)$160,000
• C)$220,000
• D)$280,000

---

Definitions:

Asset Classes

Categories of assets, such as stocks, bonds, real estate, and commodities, that exhibit similar characteristics and behave similarly in the marketplace.

Agency Problems

Conflicts of interest that arise when there's a disconnect in objectives between decision-makers (agents) and the owners (principals) of an entity.

Corporate Spies

Individuals or entities that engage in espionage or intelligence gathering on competitors for commercial purposes, not for national security.

Security Analysts

Professionals who perform analysis on securities or the security market to make investment recommendations.