One effect on the accounting equation when a firm lends money is
a. stockholders' equity decreases.
b. liabilities decrease.
c. liabilities increase.
d. total assets remain the same.
d
You might also like to view...
If the amount of money provided by family members or friends is small and in the form of equity financing, they do not have an ownership position in the venture.
Answer the following statement true (T) or false (F)
If a time series exhibits a strong, linear upward trend, the value of the correlation coefficient, r, is expected to be positive and close to -1
Indicate whether the statement is true or false
The sum of squared error (SSE) is
A) a measure of the total variation in Y about the mean. B) a measure of the total variation in X about the mean. C) a measure in the variation of Y about the regression line. D) a measure in the variation of X about the regression line. E) None of the above
Which of the following scenarios represents a zero acquaintance situation?
A. Marco refuses to speak to Charlie because of political differences. B. Kareem never associates with coworkers outside of the office. C. Larry is at a conference and has just been introduced to Heidi. D. Bryce and Layla have a discussion and realize they do not have any mutual friends. E. Whitman took a personality test that labeled him as being neurotic.