Author Question: The Cheese Shoppe's liabilities total 59,000 and its owners' equity is 124,000. Which of the ... (Read 81 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
The Cheese Shoppe's liabilities total 59,000 and its owners' equity is 124,000. Which of the following is true?
 A) The total assets equal 65,000.
  B) The firm's assets are 124,000.
  C) The current liabilities are less than the current assets.
  D) The total assets equal 183,000.
  E) The firm's sales are 183,000.

Question 2

Which of the following is most characteristic of line structure in an organization?
 A) Flexibility that allows an organization to adjust quickly
  B) Raises morals and nurtures creativity
  C) Teams that may be temporary or disbanded upon an accomplished mission
  D) Educated decision making with expert advice from outside sources
  E) Quick decision making and clear lines of communication



Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

D

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library