Answer:
$190,000
Explanation:
Given that,
Total assets for Arrington Inc. = $1,000,000
Common Stock = $470,000
Retained earnings = $340,000
Total Liabilities = Total Assets - Common Stock - Retained earnings
= $1,000,000 - $470,000 - $340,000
= $190,000
Therefore, Arrington's total liabilities in 2016 is $190,000.
Answer:
The answer is C.
Explanation:
According to the definition of demand which states that demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time.
From the definition, we can conclude that before a customer can make a demand, they must first have:
- a need for a product or service,
- the will to purchase the product or service, and
- the purchasing power to effect the purchase of the product or service.
Therefore Alice Faulkner can be able to determine if the prospect she is selling to is a qualified prospect by assessing the demand, willingness, and purchasing power of the prospect, all these assessments will of course be done in relation to what Alice Faulkner is selling.
Answer:
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Explanation:
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