The legislation that separated commercial banking from the securities industry is known as the ________

At the beginning of 2009, Beta Company's balance sheet reported Total Assets of $195,000 and Total Liabilities of $75,000. During 2009, the company reported total revenues of $226,000 and expenses of $175,000. Also, owner withdrawals during 2009 totaled $48,000. Assuming no other changes to owner's capital, the balance in the owner's capital account at the end of 2009 would be:

a. $174,000. b. $78,000. c. Cannot be determined from the information provided. d. $120,000. e. $123,000.

Controlled disbursing ________

A) reduces a firm's average collection period B) is a popular technique for effectively managing inventory to keep its level low C) is a popular technique for increasing payment float D) reduces a firm's average payment period