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Author Question: If a company has 50,000 of assets, which of the following could be true? A) It has 50,000 in ... (Read 69 times)

ashley

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on: Jul 14, 2018
If a company has 50,000 of assets, which of the following could be true?
 A) It has 50,000 in stockholders' equity and 100,000 in liabilities.
  B) The company has fewer assets than it does liabilities.
  C) It has 30,000 in liabilities and 80,000 in owners' equity.
  D) The company has more owners' equity than assets.
  E) It has 23,000 in owners' equity and 27,000 in liabilities.

Question 2

Nathan discovers that his mortgage company's employees are working very slowly because they are afraid that, if they finish the loans they are currently processing, they will run out of work and lose their jobs. Nathan's employees are
 A) displaying laziness.
  B) soldiering.
  C) suffering from low morale.
  D) inexperienced.
  E) unqualified for their jobs.


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karlss

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

E

Answer to Question 2

B


ashley

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Reply #2 on: Jul 14, 2018
Thank you :)


karlss

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Reply #3 on: Jul 14, 2018
Happy to help you


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