The Following Information Pertains to Gable Company: Property, Plant And \begin{array}{rrrr}
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Multiple Choice

The following information pertains to Gable Company: Property, plant and $\begin{array}{rrrr}\text { Currentassets } & \$ 200,000 & \text { Currentliabilities } & \$ 100,000 \\\text { equipment } & 400,000 & \text { Long term liabilities } & 200,000\\\text { Constructioninprogress } &50,000&\text { Stockholders'equity }&350,000\\\text { Total assets }&\$650,000&\text { Total equities }&\$650,000\end{array}$ Invested capital is if it is defined as total assets less current liabilities.

A) $650,000
B) $550,000
C) $600,000
D) $350,000