The financial statement called the Statement of Financial Position is also known as the Balance Sheet.
The three accounting elements that are included on this statement are the Assets, Liabilities and Owner’s Equity.
Answer:
The statement is: True.
Explanation:
Partnerships are organizations that share ownership of two or more people. Corporations, on the other hand, are owned by shareholders who decide how and who will run the business. Partnership owners are individually liable, implying that the owners' assets can be taken away in front of the debt.
Debt or legal responsibility in companies is not individual. Liability is only dealt with at the company level. In reality, partnerships require reorganization when one of the partners is quitting or passing away, something that does not happen to corporations. For these factors, the majority of associations find it difficult to raise significant amounts of funds relative to companies.
Answer:
Total bet amount= -$2
Explanation:
In a card deck of 52 cards we have 13 diamond cards. Cards are drawn without replacement.
Probability of the first card being diamond = 13/52
Probability of the send card being diamond= 12/51
So the probability for both cards being diamond = (13/52)*(12/51)= 0.0588235
Bet amount for 2 diamonds= probability* amount received
Bet amount for 2 diamonds= 0.0588235* $30= $1.765
Probability of no diamond= 1- 0.0588235
Probability of no diamond= 0.94118
Bet amount for no diamonds= 0.94118* (-$4)
Bet amount for no diamonds= -$3.765
Total bet amount= Bet amount for diamonds + bet amount for no diamonds
Total bet amount= $1.765+ (-$3.765)
Total bet amount= -$2
Answer:
Thomas Edison
Explanation:
Thomas Edison early life was very normal. He was born in a poor family. His mother was a school teacher. Thomas Edison did not get recognition until he was successful in inventing the bulb. He did many experiment which failed and no one supported him during this era. He continued his hard work and finally his one of experiment became successful and he invented a bulb. The world then recognized his efforts and made him a hero. His recognition was only based on the success of his experiment and the marketplace.
Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.
Thus the answer is letter A.
<span>>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.</span>
