A Firm's Current Assets Equal $40,000;its Fixed Assets Are $200,000;its

question 72

Multiple Choice

A firm's current assets equal $40,000;its fixed assets are $200,000;its current liabilities are $20,000;and its fixed liabilities are $80,000.What is its net worth?

• A)$40,000
• B)$60,000
• C)$140,000
• D)$240,000

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Definitions:

Favorable Behavior

involves actions or conduct that positively impact situations or relations, often leading to beneficial outcomes or improved perceptions.

Delegation

The transfer of authority or responsibility from one individual to another, often used to distribute tasks within an organization.

Favorable Relationship

Describes a positive and beneficial connection or interaction between individuals, groups, or entities, often leading to mutual benefits and satisfaction.

Proactive

Taking initiative by acting in anticipation of future problems, needs, or changes rather than reacting to events after they occur.