Dalton is studying how to become a critical thinker. Please answer the questions below.
To be an effective critical thinker, Dalton needs to develop intellectual ____ which is defined as recognizing the limits of your knowledge and understanding of a situation.
A. knowledge
B. humility
C. curiosity
D. ethics
Answer: B
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Which of the following are usually referred to as developing countries?
A) subsistence economies and raw materials exporting economies B) raw materials exporting economies and industrializing economies C) raw materials exporting economies and industrial economies D) industrial economies and industrializing economies E) industrial economies and post-industrial economies
Donna defaulted on her loan owed to Second State Savings and Loan. The loan was secured with Donna's car. Donna used the car for personal and family reasons. Which statement is correct?
a. Second State may take Donna's car without a court order if this can be done without a breach of the peace. b. Second State may take Donna's car without a court order even if it means a breach of the peace. c. Second State may not take Donna's car because it is a consumer good. d. Second State may not take Donna's car because perfection was automatic.
The "bin" option is used in Solver to specify general integer variables
Indicate whether the statement is true or false
On January 1, 20X4, Plimsol Company acquired 100 percent of Shipping Corporation's voting shares, at underlying book value. Plimsol accounts for its investment in Shipping at cost. Shipping's retained earnings was $75,000 on the date of acquisition. On December 31, 20X4, the trial balance data for the two companies are as follows: Plimsol Co.Shipping Corp.ItemDebitCreditDebit Credit Current Assets$100,000 $75,000 Depreciable Assets (net) 200,000 150,000 Investment in Shipping Corp. 125,000 Other Expenses 60,000 45,000 Depreciation Expense 20,000 15,000 Dividends Declared 25,000 15,000 Current Liabilities $40,000 $25,000 Long-Term
Debt 75,000 50,000 Common Stock 100,000 50,000 Retained Earnings 150,000 75,000 Sales 150,000 100,000 Dividend Income, Shipping Corp. 15,000 $530,000 $530,000 $300,000 $300,000 Based on the information provided, what amount of total assets will be reported in the consolidated balance sheet prepared on December 31, 20X4? A. $525,000 B. $425,000 C. $650,000 D. $630,000