Voltron Electrical has assets of $157,000 and liabilities of $71,000. What is the owner's equity?

A) $158,000
B) $86,000
C) $81,000
D) $117,000


B

Business

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Which of the following should be included in a good vision statement?   

A. Firm's attitude toward its employees. B. Geographical areas in which the firm will compete. C. Firm's basic technology. D. Firm's standards of excellence and high ideals. E. Firm's major products or services.

Business

Copper, Inc purchased merchandise worth $1,800 on credit, terms n/30. What is the required journal entry to record the transaction under the periodic inventory system?

A) Accounts Receivable 1,800 Purchases 1,800 B) Purchases 1,800 Accounts Payable 1,800 C) Merchandise Inventory 1,800 Accounts Payable 1,800 D) Accounts Payable 1,800 Merchandise Inventory 1,800

Business

When Roberta sat to listen to her employee give his resignation, she gave her full attention to hear all he had to share. She wanted to be fully present in the moment. What communication competency was Roberta practicing?

A. effective listening B. mindfulness C. self-disclosure D. emotional Intelligence

Business

Refer to the shipping costs for The Terra Cotta Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, which of the following statements is true?


a. The shipping cost from all plants to Kalamazoo is $15,656.
b. The shipping cost from all plants to Lakeland is $14,280.
c. The shipping cost from all plants to Madison is $28,810.
d. The shipping cost from all plants to Winston is $21,123.

Business