If a Firm's Assets = $6000 and Its Liabilities =

question 39

Multiple Choice

If a firm's assets = $6000 and its liabilities = $3500, what is owners' equity?

• A) $4500
• B) $2500
• C) $6000
• D) $2000

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Definitions:

Establish Customer Value

The process of determining the benefit that a product or service provides to a customer relative to its cost, enhancing customer attraction and retention.

Maintain Relationships

The ongoing efforts of a business to keep a positive and productive connection with its customers, partners, or employees.

Collaborative Filtering

A method used by recommendation systems to predict the interests of a user by collecting preferences from many users.

Consumer Preferences

The subjective tastes and desires influencing the buying behavior of individuals or groups when choosing among alternative products or services.