If Total Assets Equal $270,000 and Total Liabilities Equal $202,500,the

question 63

Multiple Choice

If total assets equal $270,000 and total liabilities equal $202,500,the total owners' equity must equal:

• A)$472,500.
• B)$67,500.
• C)$270,000.
• D)Cannot be determined from the information given.

---

Definitions:

Bottom-Up Change

A change strategy where employees at all levels are involved in the process, often leading to more effective and sustainable organizational transformation.

Force-Coercion Strategy

A change management approach involving the use of power, threats, or sanctions to induce change within an organization.

Formal Authority

Power or right, based on one's position in an organization, to make decisions, command resources, or direct the work of others.

Refreezing

The phase of Lewin’s planned change process at which change is stabilized.