Author Question: Rick and Joe get together and start a mortgage brokerage business. They each contribute 25,000 of ... (Read 39 times)

Coya19@aol.com · **on:** Jul 14, 2018

Rick and Joe get together and start a mortgage brokerage business. They each contribute 25,000 of capital to the business. After the first year of operation, the total owners' equity is listed as 60,000. Most likely, the additional 10,000 of owners' equity is
A) common stock.
B) long-term liabilities.
C) current liabilities.
D) retained earnings.
E) a bank loan.

Question 2

If Dow Chemical were to emphasize achievement, recognition, responsibility, and advancement for its employees, it would be emphasizing
A) the soldiering method.
B) Theory X over Theory Y.
C) motivation factors.
D) mainly dissatisfiers.
E) hygiene factors.