What must balance on a balance sheet?
A) Revenues must equal costs.
B) Retained earnings plus dividends paid must equal earnings per share.
C) Total assets must equal total liabilities plus equity.
D) All of these must balance.
C
Economics
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The purchase of a virtual item from an online company with a virtual currency causes the nation's:
a. Monetary base to remain the same. b. M2 money supply to fall. c. M2 money multiplier to fall. d. Monetary base to rise.
Economics
Which of the following is not a potential source of monopoly?
a. patents b. economies of scale c. competitive tactics d. civil rights
Economics