This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A business has $750,000 in liabilities. The balance sheet for the business shows assets of $2 ... (Read 364 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Aug 15, 2020

Question 1

A business has $1.5 million in assets. The balance sheet for the business shows owner's equity of $500,000. What is the amount of this business's liabilities?
◦ $1 million
◦ $1.5 million
◦ $2 million
◦ $2.5 million

Question 2

A business has $750,000 in liabilities. The balance sheet for the business shows assets of $2 million. What is the amount of owner's equity in this business?
◦ $1 million
◦ $1.25 million
◦ $1.5 million
◦ $1.75 million
The Professional Restaurant Manager ¦ Hayes, Miller, Ninemeier ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jc611 on Aug 15, 2020

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Aug 15, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


jc611

  • Member
  • Posts: 552
Reply 2 on: Aug 15, 2020
:D TYSM

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

This diagram shows a cross-section of a solar-type star. This diagram shows a cross-section of a solar-type star.
The “Old Man” from La Chapelle shows evidence of extensive tooth loss and bone resorption. The “Old Man” from La Chapelle shows evidence of extensive tooth loss and bone resorption.
This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b
A typical hacksaw that is used to cut metal. If cutting sheet metal or thin objects, then use a ... A typical hacksaw that is used to cut metal. If cutting sheet metal or thin objects, then use a ...
The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ... The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ...
Section of a normal brain (left) and an HD brain (right). The HD brain shows extensive damage to the Section of a normal brain (left) and an HD brain (right). The HD brain shows extensive damage to the
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library