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Evgen [1.6K]
4 years ago
8

A concurrent condition occurs when each party's performance is conditioned on the performance of the other.

Business
1 answer:
Sindrei [870]4 years ago
4 0

If the question is asking whether the statement is true or false, the answer is true. A concurrent condition is considered to be a condition that likely to occur or perform when paired or associated with another condition in which is similar in the statement above where each party’s performance is conditioned on the performance of the other.

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yes,superior will be liable

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Your text states that the service sector was responsible for almost _______ percent of all new jobs created in the U.S. during t
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6 0
2 years ago
In economic terms, marginal is another word for which of the following? a. Outside . . b. Rare . . c. Additional . . d. Boundari
likoan [24]
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7 0
3 years ago
Read 2 more answers
At the beginning of 2016, a corporation had assets of $350,000 and liabilities of $230,000. During 2016, assets increased $20,00
Naddik [55]

Answer:

$135,000

Explanation:

Equity is the difference between the assets and liabilities of an entity.

Using the accounting equation;

Assets - Liabilities = Equity

Given;

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Opening liabilities balance = $230,000

Therefore;

Opening balance of equity = $350,000 - $230,000

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Increase in liabilities = $5,000

Increase in equity = $20,000 - $5,000

= $15,000

Balance of stockholders' equity at December 31, 2016 = $120,000 + $15,000

= $135,000

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3 years ago
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