Which of the following can be considered a business?

A. Albertos, a state-funded firm that specializes in providing free consultations for at-risk teens
B. Mender, a private charity organization that donates clothes and notebooks to orphans
C. Davent, an online shopping portal that offers discounted prices on clothes
D. Javonson, a federal agency that establishes and enforces environmental regulations


Answer: C

Business

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Indicate whether the statement is true or false.

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A company's balance sheet shows: cash $22,000, accounts receivable $16,000, office equipment $50,000, and accounts payable $17,000. What is the amount of stockholders' equity?

A. $71,000. B. $17,000. C. $88,000. D. $105,000. E. $29,000.

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Indicate whether the statement is true or false

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Business