Multiple Choice
If current assets are $15,200, current liabilities are $3,100, non-current liabilities are $45,000 and equity is $70,000, non-current assets are:
A) $108,100
B) $48,100
C) $92,900
D) $102,900
Correct Answer:

Verified
Correct Answer:
Verified
Q46: What is the effect on the statement
Q47: Which of the following is not a
Q48: If the prudence (conservatism)convention conflicts with another
Q49: What is the effect on the statement
Q50: Which statement about current value is true?<br>A)Current
Q52: Under the accounting standards, which alternative measure
Q53: Which of the following would appear in
Q54: What do non-current liabilities represent?<br>A)amounts due to
Q55: The accounting convention which results in the
Q56: Application of the (prudence)conservatism assumption can produce:<br>A)higher