If a Company Has $50,000 of Assets, Which of the Following

question 78

Multiple Choice

If a company has $50,000 of assets, which of the following could be true?

• A) It has -$50,000 in stockholders' equity and $100,000 in liabilities.
• B) The company has fewer assets than it does liabilities.
• C) It has $30,000 in liabilities and $80,000 in owners' equity.
• D) The company has more owners' equity than assets.
• E) It has $23,000 in owners' equity and $27,000 in liabilities.

Understand the dynamic nature of power in organizations.

Differentiate between personal and positional power in the workplace.

Understand the impact of politeness and assertiveness in influence attempts.

Discuss the trends in the use of power, including the decline of coercive tactics.

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Definitions:

External Benefit

A benefit from a good or service that is received by someone not directly involved in the transaction or production of that good or service, also known as a positive externality.

Pollution

The introduction of contaminants into the natural environment that cause adverse changes and harm to the ecosystem.

Market Failure

A situation where the allocation of goods and services is not efficient, often leading to a net social welfare loss.

Business Sector

A segment of the economy that represents the activities of businesses, corporations, and private enterprises that provide goods and services to consumers.