True or False: A sole proprietor is personally responsible for all of the businesses debts, and may be legally required to pay off those debts with personal assets.

True

False

On July 1st, Harding Construction purchases a bulldozer for $228,000. The equipment has a 8 year life with a residual value of $16,000. Harding uses straight-line depreciation.

As an innovation consultant, you work with a number of firms. Better Mousetraps builds inexpensive but sophisticated mousetraps.

If there is an increase in the money supply that cause money to ode purchasing power and leads to inflation what happens to prices

What is a new market?

Molly's Auto Detailers maintains its records on the cash basis. During 2018, Molly's collected $72,000 from customers and paid $21,000 in expenses. Depreciation expense of $5,000 would have been recorded on the accrual basis.

Mrp works best if the inventory items have dependent demand. True or false?

Stock dividends Select one: a. Have the same effects on financial statements as cash dividends. b. Are similar to stock splits in that they do not change the fundamental position of current shareholders. c. Must be accompanied by cash dividends. d.

What is the current u. s. population? what is the current world population? considering those numbers, do you think the united states is in a population crisis? do we have enough land and resources to support a continuous increase in population?

Distinguish between individual and market demand for a commodity

What type of driver's license is class A