The Assets of Star Company Are $110,000 and the Total

question 44

Multiple Choice

The assets of Star Company are $110,000 and the total liabilities are $10,000.The equity is ________.

• A) $110,000
• B) $120,000
• C) $10,000
• D) $100,000

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Definitions:

Human Relations Conditions

The environmental and interpersonal factors that influence the quality and productivity of work life.

Economic Conditions

The state of the economy at a given time, including factors such as inflation, unemployment, and growth rates.

General Environment

The broad external conditions (such as economic, legal, political, technological, and social factors) that affect organizations and their performance but are beyond their direct control.

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.