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Author Question: You are considering buying a business that has assets of 148,000. Owner's equity is shown as 45,000. ... (Read 78 times)

abern

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on: Jun 24, 2018
You are considering buying a business that has assets of 148,000. Owner's equity is shown as 45,000. What is the amount of liabilities in that business?
 A) 103,000
  B) 93,000
  C) 112,000
  D) 108,000

Question 2

The market share of United Marine's main product increased 4 percentage points last year. If the share changed from 10 to 14 percent of the total market, what was the actual percent increase in the market share?
 A) 28.6
  B) 40
  C) 71.4
  D) 4


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spencer.martell

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

B


abern

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

hollysheppard095

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Reply 3 on: Yesterday
Excellent

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