Question 7 On a balance sheet, if total assets are 150,000 and capital is 120,000, what is the value of total liabilities? Not yet answered Marked out of 2.0 Select one: O A. 250,000 Flag question O B. 30,000 O C. 130,000 O D. 270,000 Question 8 Not yet answered A new limited company authorised 10,000 4% preference shares of 12 each. If all shares were sold at par, calculate the capital raised by the company. Marked out of 2.0 Select one: Flag question O A. 400 OB. 120,000 O C. 120,400 O D. 4,500