As of December 31,Year 2,Bristol Company Had $100,000 of Assets,$40,000

question 3

Multiple Choice

As of December 31,Year 2,Bristol Company had $100,000 of assets,$40,000 of liabilities and $25,000 of retained earnings.What percentage of Bristol's assets were obtained through investors?

• A)60%
• B)25%
• C)40%
• D)35%

---

Definitions:

Tibia

The inner and typically larger of the two bones between the knee and the ankle in vertebrates, parallel with the fibula.

Friction

The resistance that one surface or object encounters when moving over another.

Scales

Small, rigid plates that grow out of an animal's skin to provide protection. In fish and reptiles, scales perform this protective function.

Adaptation

The process by which organisms adjust to changes in their environment in order to survive and reproduce.