Owners' equity is the dollar value that remains after the total liabilities of a business are subtracted from its total assets.

a. true

b. false

On October 1, Bramble's Carpet Service borrows $362000 from First District Bank on a 3-month, $362000, 6% note. What entry must Bramble's Carpet Service make on December 31 before financial statements are prepared?

If you are unable to get a credit card from say Visa or Mastercard, what are some alternatives? Question 33 options: Keep trying until someone gives you a Visa or Mastercard Apply for a department store or gas card Give up and not try to establish

Suppose the economy is in long-run equilibrium. If the government increases its expenditures, eventually the increase in aggregate demand causes price expectations to a. rise.

What financial behaviors will typically lead to a low credit score? A. Maxed out credit cards B. Fully paid balances C. On time payments D. Long credit history

Which member of the restaurant and food/beverage service career is most likely to plan menus and direct workers? a server a bartender a chef a host/hostess

A firm has determined its cost of each source of capital and its optimal capital structure which is comprised of the following sources;

Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows:Current Year Previous YearSales $4,000,000 $3,600,000Cost of goods sold 2,280,000 1,872,000Selling expenses 600,000 648,000Administrative expenses 520,000

Which of the following statements about the needs approach for estimating the amount of life insurance to purchase is (are) true? (I) It involves an analysis of various family needs which must be met if a family breadwinner dies.

Developing Professionalism and Business Etiquette Skills at the Office and Online Business professionals value workplace relationships and professional behavior;

Discuss the advantages of PES policy compared to other instruments such as tax, subsidy and direct control.