Suppose that Jacob's assets include a motorcycle worth $12,000 and a checking account with a $3,000 balance, while his liabilities include a credit card balance of $4,000 and a motorcycle loan balance of $7,000. What is his net worth?
A) $4,000
B) $5,000
C) $7,000
D) $12,000
Answer: A
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Indicate whether the statement is true or false
What is a category killer? Provide an example and a description of a category killer
What will be an ideal response?
Executives at Acme Global are concerned that airline workers will go on strike and prevent shipments of products from reaching customers. However, the National Mediation Board is keeping airline management and labor in mediation to avoid a strike. The executives at Acme Global are relieved that the ______ limits the potential for strikes of airline workers.
A. Railway Labor Act of 1926 B. National Labor Relations Act of 1935 (Wagner Act) C. Labor Management Relations Act of 1947 (Taft-Hartley Act) D. Labor Management Reporting Disclosure Act of 1959
Assume in analyzing alternative proposals that Proposal F has a useful life of six years and Proposal J has a useful life of nine years. What is one widely used method that makes the proposals comparable?
A) Ignore the fact that Proposal F has a useful life of six years and treat it as if it has a useful life of nine years. B) Adjust the life of Proposal J to a time period that is equal to that of Proposal F by estimating a residual value at the end of year six. C) Ignore the useful lives of six and nine years and find an average (7 1/2 years). D) Ignore the useful lives of six and nine years and compute the average rate of return.