If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay?

a. you might get secured credit.

b. you might have to pay extra money in taxes.

c. your credit score might go down.

d. your credit score might go up.

Assets that are readily converted into cash are termed liquid assets. a. True b. False

Awnings Incorporated has beginning net fixed assets of $234,100 and ending net fixed assets of $243,600. Assets valued at $42,500 were sold during the year. Depreciation was $62,500. What is the amount of net capital spending? a. $42,500b. $9,500c.

Roberta and Sally formed the Alder Corporation on October 1, 2019. On the same date, Roberta paid $75,000 cash to Alder Corporation for 1,500 shares of the corporation's common stock.

Why does even a free market economy need some government intervention? (economics)

In 2009 and 2010 Toyota had to recall millions of automobiles due to uncontrollable acceleration. This recall forced upper-level management to rethink many things. For example, Toyota had become too focused on profits.

In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of

High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.

How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?

Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000. Sam, a builder, contributed a new storage garage.

Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes