Exhibit 1.5.1 The following financial statements are to be used to answer the following questions:

-to Exhibit 1.5-1.What are total long-term assets?
A) $53,000
B) $54,000
C) $107,000
D) $137,000

Question

Exhibit 1.5.1 The following financial statements are to be used to answer the following questions:
  
-to Exhibit 1.5-1.What are total long-term assets?
A) $53,000 
B) $54,000 
C) $107,000 
D) $137,000

Quizplus · Accepted Answer

Total long-term assets include Property, Plant, and Equipment ($48,000) and Long-term investments ($59,000), which add up to $107,000.

Exhibit 15