The Balance Sheet of Ranger Inc

question 13

Multiple Choice

The balance sheet of Ranger Inc.shows its liabilities and owners' equity as $150,000 and $75,000, respectively. In this case, Ranger's _____.

• A)total assets are $225,000
• B)total income is $75,000
• C)net income for the current year is $225,000
• D)net cash flow for the current year is $75,000

Analyze the challenges and specific vulnerabilities faced by children in response to stress.

Evaluate the methodologies and effectiveness of various therapeutic approaches to trauma and stress-related disorders.

Understand the nature, diagnosis, and characteristics of dissociative disorders.

Differentiate between types of amnesia and their causes and implications.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities.

Net Income

The total profit of a company after all expenses, including taxes, have been deducted from revenues.

Common Stock

A type of equity security that represents ownership in a corporation, granting holders voting rights and a share of the profits.

Earnings Per Share

A company's profit divided by the number of common shares outstanding, indicating the profitability on a per-share basis.