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Author Question: Suppose a local catering company owes 15,000 on a van they use for deliveries. The owner's equity is ... (Read 47 times)

kshipps

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on: Jul 14, 2018
Suppose a local catering company owes 15,000 on a van they use for deliveries. The owner's equity is 72,000. What must the value be of the company's owner's equity?
 A) 15,000
  B) 75,000
  C) 87,000
  D) 57,000
  E) 43,000

Question 2

Many organizations today are moving toward a _____ organization in an effort to make decisions more quickly and implement them right away. Although this entails less management control, it increases efficiency and market responsiveness.
 A) taller
  B) higher
  C) flatter
  D) rigid
  E) specialized


tjayeee

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Reply #1 on: Jul 14, 2018
Answer to Question 1

D

Answer to Question 2

C


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