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:

Electroconvulsive Therapy

A mental health therapy that involves triggering seizures in patients through electrical means to alleviate symptoms of psychiatric conditions.

Regular Aerobic Exercise

Consistent physical activity that relies on the aerobic energy-generating process, typically characterized by moderate intensity, rhythmic nature, and prolonged duration, beneficial for cardiovascular health.

Phototherapy

A treatment method that involves the use of light to treat certain medical conditions.

Schizophrenia

A serious mental disorder characterized by disturbances in thought, perception, emotions, language, sense of self, and behavior, often resulting in hallucinations, delusions, and cognitive difficulties.