1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ruslelena [56]
1 year ago
7

The difference between total assets of a firm and its total liabilities is called?

Business
1 answer:
Lena [83]1 year ago
4 0

The difference between the total value of assets and the total value of liabilities is equity. Also known as common equity and owners equity.

Assets represent valuable resources that your company manages. Liabilities represent the company's obligations, while both debt and equity represent how the company's assets are financed.

The sum of the difference between assets and liabilities is equity, which is the remaining net ownership of the company by the owners.

In its simplest form, a balance sheet can be divided into two categories: assets and liabilities. assets are items owned by a company that can provide future economic benefits. A liability is something you owe to another party.

Learn more about Liabilities here brainly.com/question/14921529

#SPJ4

You might be interested in
Marketing based on socioeconomic and psychological factors is known as
suter [353]

I answered a question like this before with the answer Target Market.

4 0
3 years ago
Read 2 more answers
Assume that Jane’s marginal propensity to consume equals 0.8, and that in 2004 Jane spent $36,000 from her disposable income of
Hoochie [10]

Answer:

First we need to find the increase in her disposable income by subtracting the old disposable income from the new disposable income.

Old Disposable income= 40,000

New disposable income = 50,000

Change in disposable income = 50,000-40,000= 10,000

Although her mpc is 0.8 we need to find out what proportion of her disposable income does she spend on consumption.

So her disposable income was 40,000 and consumption was 36,000

36,000/40,000= 0.9

This means that Jane spends 90% of her dispoasble income on consumption, so if her disposable income increase by 10,000 her increase in consumption was

0.9*10,000= 9,000

Increase in consumption = $9,000

Explanation:

3 0
3 years ago
From President Abraham Lincoln's perspective, the decision to wage a civil war against the southern states is best summarized in
frutty [35]

Answer:

States that allowed slavery were no longer sovereign

Explanation:

cu Abraham believed that they were all human beings and should be free in america

5 0
3 years ago
As a medium-sized grocery retailer, your marketing and merchandising teams find themselves at a constant disadvantage when negot
frutty [35]

Hence proved hope it will help you

4 0
3 years ago
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan
worty [1.4K]

Answer:

E. $148,600

Explanation:

Cash flow from operating activities.

Net income. $134,000

Add: Depreciation. $30,000

Less: Gain on sale ($4,000)

Changes in working

Capital

Add: decrease in

Accounts receivable $9,400

Less: increase in

Merchandise inv. ($18,000)

Less: increase in

Prepaid expenses ($6,200)

Add: increase in

Accounts payable $3,400 ($14,600)

Net cash provided used by $148,600

Operating activities

4 0
3 years ago
Other questions:
  • What is one reason why a business owner might choose a for-profit business over a nonprofit business?
    10·1 answer
  • Six years ago, Archie lost his job as a highly skilled craftsman at a metal working shop. Before accepting a job as a maintenanc
    7·1 answer
  • The practice of building ties to customers based on a salesperson's attention and commitment to customer needs over time is refe
    14·1 answer
  • Small-business investment companies (SBICs): a. take a more balanced approach in their choices than venture capital companies. b
    9·1 answer
  • Due to a labor strike, Clifford is considering purchasing the subcomponents from an outside supplier for $250 per unit rather th
    15·1 answer
  • Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0.02 for each second of talk time f
    12·1 answer
  • How does a subsidy provided for a good affect consumers?
    10·1 answer
  • Rosu Company has total current assets of $120,000 and total current liabilities of $50,000. What is the amount of working capita
    13·1 answer
  • What is a creditor legally required to do if you dispute a debt?
    6·1 answer
  • Blank______ levels of withdrawal behavior are closely correlated with a Blank______ degree of organizational commitment.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!