What are long-term assets for San Marcos Corporation?
A)$1,155
B)$1,620
C)$1,680
D)$1,905

Question

Quizplus · Accepted Answer

Long-term assets are typically assets that a company expects to hold for more than one year, and they can include things like property, plant, and equipment, investments, and intangible assets. Based on the limited information provided, we can assume that the given amounts correspond to the total value of San Marcos Corporation's long-term assets. Of the four options provided, option C is the highest at $1,680, which suggests that this is the best choice for the answer.

What Are Long-Term Assets for San Marcos Corporation