If total assets decreased by $88,000 during a period of time and owner's equity increased by $65,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is
A) $23,000 increase
B) $88,000 decrease
C) $153,000 increase
D) $153,000 decrease
D
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Which of the following is a correct statement regarding the tort of assault?
A. Most courts say that "mere words are enough" for assault. B. Assault is putting another in apprehension of an eventual threat to his or her physical safety. C. Contact is necessary. D. The tort of assault is designed to protect people from threats of battery.
Self-concept refers to
A. the degree to which a person trusts his or her own judgment in a purchase situation. B. the degree to which a person is influenced by situational influences. C. the way people see themselves and the way they believe others see them. D. the need for personal fulfillment. E. the way people see others and the way they believe others see other people.
Contingency plans include sets of actions to be taken when
A. a company's growth exceeds all expectations. B. the internal environment needs to be shaken up. C. the internal and external environments are similar. D. the external environment is extremely stable. E. a company's initial plans have not worked out well.
Explain why some companies get to the top of industry rankings and stay there, while others do not.
What will be an ideal response?