Project funding is an investing decision

Indicate whether the statement is true or false

F

Business

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At the beginning of 2009, a company's balance sheet reported the following balances: Total Assets = $125,000; Total Liabilities = $75,000; and Owner's Capital = $50,000. During 2009, the company reported revenues of $46,000 and expenses of $30,000. In addition, owner's withdrawals for the year totaled $20,000. Assuming no other changes to owner's capital, the balance in the owner's capital account at the end of 2009 would be:

a. $66,000. b. $86,000. c. $(4,000). d. $46,000. e. Cannot be determined from the information provided.

Business

Connectors should be kept informed before, during, and after an event to increase a firm's chances of garnering media attention about the event

Indicate whether the statement is true or false

Business