Answer:
$4,300,000
Explanation:
A company's total assets represents the value of the sum of the value of its current assets, non-current assets (also known as property-plant and equipment), intangible assets, and other assets. Long-term debts are also known as non-current liabilities, and are not included in the calculation.
Because we do not have intangible assets in this example, we simply add up the values of the other three asset categories to reach the answer:
Total Assets = Current Assets + PPE + Other Assets
= $1,500,000 + $2,000,000 + $800,000
= $4,300,000
