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Ad libitum [116K]
3 years ago
6

Total assets minus total liabilities is equal to the _____. a. net worth b. retained earnings c. accounting profits d. dividends

payable
Business
1 answer:
nikklg [1K]3 years ago
6 0

Answer:

a. net worth

Explanation:

For this question, we applied the accounting equation which equals to

Total assets = Total liabilities + stockholder equity

Since the question said that

Total assets - total liabilities = ?

So, by use the above accounting equation

The Total assets - total liabilities = Net worth

Hence, the most appropriate option is a.

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Which of the following possible provisions of a bond indenture is designed to ease the burden of principal repayment by spreadin
Kazeer [188]

Answer:

d. sinking fund.

Explanation:

A bond refers to a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.

A sinking fund is a provision of a bond indenture which is designed to ease the burden of principal repayment by spreading it out over several years.

<em>Hence, a sinking fund is generally viewed or assumed to protect the bondholders such as creditors or investors because the fund set aside would serve as a collateral incase the bond issuer can't pay in the future. </em>

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3 years ago
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
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3 years ago
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If a dominant firm is charged with refusal to deal under antitrust​ law, it is being charged because A. the firm will not set it
sergey [27]

Answer:

C. it will sell its products only to people who agree to buy only from it and not from rival firms.

Explanation:

Generally, any business can choose its business partners. But, under certain circumstances, there are limits on this freedom for a firm with a big market power.

There is an attempting to define those limited situations when this kinds of firm may violate antitrust law:

- The first option is that it violate the antitrust law by refusing to do business with other firms, or do business but under certain requisites. The key here is how the refusal to deal helps the monopolist maintain its empire, or allows the monopolist make an strategy where its monopoly is use in another market to attempt to monopolize other market.

- They can also refuse to deal with customers or suppliers, what cause the effect of preventing them from dealing with a rival: "If you deal with my competitor, I refuse to deal with you."

- Also, regarding to a firm dealing with its competitors,  if the monopolist refuses to sell a product or service to a competitor and it makes it available to others, or if the monopolist has done business with the competitor and then stops, then the monopolist needs a legitimate business reason for its actions.

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3 years ago
Under the doctrine of strict liability, liability for injuries is imposed for reasons other than fault. a. True b. False
Alina [70]

Answer:

True

Explanation:

The doctrine of strict liability applies to tort law, and it states that the plaintiff doesn't have to prove that the defendant was negligent, intentional or at fault. All the plaintiff must prove is that the tort occurred, that he/she suffered because of it and that the defendant was responsible for the tort.

This doctrine generally applies to situations that are considered dangerous by nature, e.g. selling alcohol to minor or ownership of wild animals.

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3 years ago
Which of the following subsequent expenditures would be capitalized? Select one: A. Additions. B. Ordinary repairs and maintenan
Yakvenalex [24]

Answer:

C. Additions and improvements.

Explanation:

Additions and improvements are subsequent expenditures would be capitalized.

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