If Total Liabilities Are $135 000, Total Assets Are $420

question 15

Multiple Choice

If total liabilities are $135 000, total assets are $420 000 and total paid-up capital is $180 000, the amount of retained earnings is:

• A) $ 105 000.
• B) $ 135 000.
• C) $ 240 000.
• D) $ 285 000.

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Definitions:

Academic Successes

Achievements within an educational setting, often measured by grades, accolades, or the attainment of knowledge and skills.

Hard Work

The effort put into tasks or activities with determination and dedication, often leading to achievement and success.

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Innate skills or talents that an individual possesses which facilitate the learning or performance of tasks with minimal effort.

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Standardized assessments designed to measure human intelligence and cognitive abilities according to culturally defined norms.