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yKpoI14uk [10]
2 years ago
5

Which statement is true about the value of Dante’s assets and liabilities?

History
1 answer:
Alexeev081 [22]2 years ago
7 0

The statement that is true about Dante is that he has $50,000 more in assets than in liabilities.

Liabilities are the debts a firm has, while assets are its possessions. Both are listed on a company's balance sheet, a financial statement that illustrates the financial well-being of the business.

Equity, or an owner's net worth, is calculated as assets with fewer liabilities. The U.S. Small Business Administration advises that a company's assets should exceed its liabilities.

A corporation must have more assets than liabilities in order to have enough cash on hand to pay down its debts or easily convertible assets. A small firm will not be able to pay its bills if it has more liabilities than assets, and is therefore deemed to be in financial distress.

To learn more about liabilities refer to:

brainly.com/question/18484315

#SPJ1

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Answer:

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4 0
3 years ago
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Which of the following statements are true?
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Answer:

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The living conditions for the wealthy were safer and healthier than the housing of the common people.

Wealthy people had more power than common people and slaves.

Explanation:

Wealthy people were living luxurious life, had their own slaves, had the possibility to educate themselves, were not living in a crowded places. Those were mostly patricians.

Wealthy people were usually members of political bodies, such as Senate, they had money to bribe politicians also, owned a lot of lands...

Common people were living in small houses with not so much furniture. Their life was far from perfect.

Most of the people in Rome were divided into members of higher class - patricians and of the lower class - plebeians. Of course, we also had slaves who were deprived of all of their rights.

6 0
3 years ago
What is true about both young and aging populations in terms of a nation’s economy?
eduard
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5 0
3 years ago
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How do I solve this?
vladimir2022 [97]

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Explanation:

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3 years ago
What was the purpose of early treaties between the U.S. government and Native<br> Americans?
tatuchka [14]

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The native Americans And the Government wanted to keep peace , and become allies.

Hope this might help.  

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