Megan's balance sheet shows that on February 7, 2010 she had assets totaling $27,600 and debts totaling $32,500. Which of the following statements best describes her situation? Select one:
a. She had equity. b. She had positive cash flow. c. She had negative net worth. d. She had liabilities. e. She had liquidity.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Megan's balance sheet shows that on February 7, 2010 she had assets totaling $27,600 and debts totaling $32,500. Which of the following ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When a firm adopts new technology, it is customary for firms': Select one: a. cost curves to shift upward. b. supply curve to shift leftward. c. cost curves to shift downward. d. production to permanently decrease.
Answers (1)
Working as a team to design a skyscraper would most satisfy which of these personal benefits of work? A) earning money B) being with others C) a want D) feeling respected
Answers (1)
While a Guaranteed No-lapse Rider relieves the policyowner of the responsibility of monitoring the policy's cash value what is required of him/her to make sure that the policy's no-lapse rider remains in effect?
Answers (1)
How are fixed costs different from variable costs? Fixed costs are costs associated with capital, such as machinery; variable costs are the cost of labor. Fixed costs do not change no matter how much a business produces; variable costs do change.
Answers (2)
Business Calculators Inc. will pay an annual dividend of $2.25 per share next year. The company just announced that future dividends will be increasing by 0.75 percent annually.
Answers (1)
New Questions in Business
The United Kingdom produces computers and sells them to Japan. At the same time Japan produces cars and sells them to the United Kingdom. Suppose there is an appreciation in the pound. This will cause: A.
Answers (1)
When obtaining a mortgage, in order to not be taken, paying a much higher rate than neccessary, which can easily cost well over 100,000 additional dollars over the life of the loan, the authors recommend getting a minimum of how many quotes?
Answers (1)
Amber wants to apply for a job vacancy. She calls the recruiter who advertised this vacancy to learn more about the job. The recruiter gives some background information about the positive and negative qualities of the job to Amber.
Answers (1)
What is trade discount
Answers (2)
Which country has experienced a doubling of its diabetes rate in the past 4 decades?
Answers (1)