To increase your net worth you should

A) pay off bills.
B) spend your money carefully.
C) invest in appreciating assets.
D) Both A and C are correct.


Answer: D

Business

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Indicate whether the statement is true or false

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“Employees will not accept business gratuities, meals, or gifts in excess of $15 from any client, customer, or supplier.” This statement would most likely appear in a ______.

a. values statement b. mission statement c. code of ethics d. code of conduct

Business

Cost of Materials Used $40,000 Direct Labor costs $55,000 Factory Overhead $32,000 Work in Process, beg. $28,000 Work in Process, end. $18,000 Finished Goods,beg. $28,000 Finished Goods, end. $18,000 What is Cost of Goods Sold?

A) $147,000 B) $137,000 C) $10,000 D) $128,000

Business

All of the following are normally found in a corporation's stockholders' equity section except:

A) common stock. B) additional paid-in capital. C) dividends in arrears. D) retained earnings.

Business