Your net worth, or your general level of financial worth, is found by
A) subtracting your expenses from your income.
B) dividing your monetary assets by your current liabilities.
C) subtracting your liabilities from your assets.
D) dividing monthly debt (less a mortgage payment) by monthly income.
E) subtracting current liabilities from monetary assets.
Answer: C
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In the 1990s, Philips Electronics developed a new consumer electronics product called the Digital Compact Cassette (DCC) player
DCC allowed users to record and playback in a new digital format; DCC was also designed to play the older, analog cassette tapes that many people own. This latter feature reflects which of the following characteristics of innovations? A) relative advantage B) communicability C) compatibility D) complexity E) divisibility
Explain the implied warranty of merchantability
What will be an ideal response?