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You Own a Business That Has Assets of $148,000

question 45

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You own a business that has assets of $148,000. If your equity is $55,000, what is the amount of your liabilities?


Definitions:

Matching Hypothesis

A theory suggesting that people are more likely to form and succeed in a committed relationship with someone who is equally socially desirable.

Operant Conditioning

A method of learning where the potency of certain actions is changed via positive reinforcement or negative punishment.

Prejudicial Stereotypes

Oversimplified and widely held beliefs about a particular group of people that are often negative and unfair.

Insidious

Proceeding in a gradual, subtle way but with harmful effects, often without being noticed until it is too late.

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