On January 31, an Entity's Balance Sheet Showed Net Assets

question 23

Multiple Choice

On January 31, an entity's balance sheet showed net assets of $3,075 and liabilities of $675.Stockholders' equity on January 31 was:

• A)$2,400
• B)$3,075
• C)$3,750
• D)$675

---

Definitions:

Coercive Power

Coercive power is the ability to control others through the threat of punishment or the imposition of unpleasant consequences.

Approach-Inhibition Model

A psychological theory that explains how power within social hierarchies can influence individuals’ behaviors, either encouraging or inhibiting actions.

Express More Negative Emotions

The act of displaying or expressing feelings that are considered undesirable or pessimistic more frequently.

High Power Individuals

People who hold considerable authority, influence, or control within a society or organization.