Given Only the Following Information,what Is the Balance of Shareholders

question 6

Multiple Choice

Given only the following information,what is the balance of shareholders' equity?

• A) $40 000
• B) $50 000
• C) $100 000
• D) $140 000

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Definitions:

Marginal Product

The additional output gained by employing one more unit of a given input.

Resource Maximization

It is the technique or strategy of optimally utilizing resources to achieve the highest possible output or efficiency.

Least-costly Combination

A perfect combination of resources that lowers the production cost while reaching a target output level.

Profits

Financial gains realized when the revenues from business activities exceed the expenses, costs, and taxes needed to sustain the operation.