The Assets of a Company Total $700,000; the Liabilities, $200,000

question 58

Multiple Choice

The assets of a company total $700,000; the liabilities, $200,000. What are the claims of the owners?

• A) $900,000.
• B) $700,000.
• C) $500,000.
• D) $200,000.
• E) It is impossible to determine unless the amount of this owners' investment is known.

---

Definitions:

Supercomputer

A specially designed computer that can perform complex calculations extremely rapidly; used in situations in which complex models requiring intensive mathematical calculations are needed (such as weather forecasting or atomic energy research).

Large

Referring to something of significant size or magnitude, often relative to other objects or measures.

Expensive

Characterized by high cost or value; often referring to goods, services, or processes requiring significant financial investment.

Liquid Crystal Display (LCD)

The technology used in flat-panel computer monitors.