Kyle's net worth is $500 and his liabilities are $459. What is the total of his assets?

Contributory negligence: a. can be a partial defense in product liability cases for negligence. b. is the same as comparative negligence. c. is no longer permitted as evidence in suits. d. none of the above

Individuals are rationally ignorant about the wealth implications of government activities because the cost of acquiring such information is high and the private benefit is low. true or false

If the same purchase and sale transactions are recorded using both periodic and perpetual inventory valuation, which method will provide the same ending inventory and value of COGS under both periodic and perpetual inventory valuation?

Which of the following is most likely to be addressed as dr. A. a school superintendent b. a successful artist c. a play writer d. A sound technician

The profit-maximizing rule for a firm in a monopolistically competitive market is to always select the quantity at which a. average total cost is equal to marginal revenue. b. marginal revenue is equal to marginal cost. c.

Nash's Trading Post, LLC sells merchandise on account for $1200 to Morton Company with credit terms of 2/7, n/30. Morton Company returns $500 of merchandise that was damaged, along with a check to settle the account within the discount period.

Culture goes deeper than observable behavior. It is a society's shared and socially transmitted ideas, values, and perceptions that are used to make sense of experience and generate behavior and are reflected in that behavior. True/False

Which of the following is NOT an advantage of owning a car? A) Yours to keep and sell when you wish B) Smaller down and monthly payments than leasing a car. C) Flexibility to be able to customize it D) Drive unlimited number of miles

What is the components of information system

Mention three reasons for depreciation