Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000 . If Sawaddee's total assets increased by $80,000 and its total liabilities increased by $57,000 during the year, what is the amount of Sawaddee's owners' equity at the end of the year?
a. $197,000
b. $543,000
c. $243,000
d. $220,000
c
You might also like to view...
"Is it appropriate for the organization and for the times? Does it set standards of excellence and reflect high ideals? Is it ambitious?" A good _______ will answer these questions.
A. belief agreement B. code of ethics C. mission statement D. vision statement E. values statement
To avoid permitting a key employee to take family or medical leave, an employer must show that the leave would cause “substantial injury” to the employer.
Answer the following statement true (T) or false (F)
In a foreign currency __________, the contract can be executed or not, depending on whether the market works for or against you.
Fill in the blank(s) with the appropriate word(s).
T-J Computer Company has developed a new and innovative magazine and television ad campaign that it would like to protect from use by its competitors. T-J may copyright its magazine and television ads
a. True b. False Indicate whether the statement is true or false