The Following Information Comes from the Records of America Corporation

question 58

Essay

The following information comes from the records of America Corporation:
$\begin{array}{llll}&\text { Assets }&\text { Giabilities }&\text { Dquity }\\\text { January } 1,2012 &{\$ 750,000} &{\$ 270,000} &{\$}\_\_\_ \\\text { December } 31,2012 & 905,000 & \_\_\_\_& 700,000 \\\end{array}$

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Definitions:

Intelligence

The ability to learn, understand, and apply knowledge, solve problems, and adapt to new situations.

Group Member

An individual who belongs to a specific group or team and contributes towards group activities and objectives.

Assertive

Being assertive means confidently expressing one’s viewpoints and needs directly and respectfully, without infringing on the rights of others.

Opinions

Personal views or judgments not necessarily based on fact or knowledge, formed from individual beliefs or experiences.