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.

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Definitions:

Organizational Complexity

Refers to the level of differentiation and integration within an organization, affecting its structure, processes, and decision-making.

Standardization

The process of implementing and developing technical standards to ensure consistency, efficiency, and quality across processes, products, or systems.

Organizational Strategies

Comprehensive plans that outline how a business or organization will achieve its goals and respond to challenges in its internal and external environment.

Environmental Uncertainty

The amount and rate of change in the organization’s environment.