During 2016, Tony's assets equal $300,000 and his net worth is $50,000. Tony's liabilities are

The employment-to-population ratio is defined as

A) total employment divided by labor hours then multiplied by 100. B) the labor force divided by the working-age population then multiplied by 100. C) total employment divided by the labor force then multiplied by 100. D) total employment divided by the working-age population then multiplied by 100.

If a corporation cannot pay its debts, creditors cannot seek payment from shareholders' personal wealth

a. True b. False Indicate whether the statement is true or false