A family with $45,000 in assets and $22,000 in liabilities would have a net worth of
A) $45,000.
B) $23,000.
C) $22,000.
D) $67,000.
Answer: B
You might also like to view...
The account that is credited for accrued interest on notes receivable is Interest Receivable
a. True b. False Indicate whether the statement is true or false
What effects on a retail store's accounting equation occur when merchandise returned by customers is recorded?
a. Stockholders' equity decreases and liabilities increase. b. Assets and stockholders' equity decrease. c. Assets and stockholders' equity increase. d. Assets decrease and liabilities increase.
______ is a process in which the employer provides the employee with opportunities to correct poor behavior before terminating them.
A. Employee assistance program (EAP) B. Progressive discipline C. Coaching D. Management counseling
Isaac is a single dad. He joined a new company because they would allow him to work around his son’s school schedule. This is important to him because he can also schedule his job around his son’s sports games. Which dimension of the job characteristics model would this scenario of Isaac’s new company exemplify?
a. Task significance b. Autonomy c. Task identity d. Feedback