The ________ is the level of regional integration that remains an ideal and is yet to be achieved
A) free trade area
B) common market
C) political union
D) customs union
C
Business
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The debt to equity ratio is calculated as:
A. Total assets / total equity B. Current liabilities / total equity C. Total liabilities / total assets D. Total liabilities / total equity
Business
Kyle and Ursula owned a combination apartment building-restaurant. They shared their profits and losses on the venture equally, but they did not have any written partnership agreement. One day, Ursula died of a heart attack. If, after her death, Kyle continued to only own the same undivided interest in the real estate as he did before, then
A) they were joint tenants. B) they were tenants in common. C) they were stockholders in their own corporation. D) Ursula died intestate.
Business