Chris's maid service began the year with total assets of $120,000 and stockholders' equity of $40,000. during the year the company earned $120,000 in net income and paid $15,000 in dividends. total assets at the end of the year were $225,000. how much are total liabilities at the end of the year? $95,000 $105,000 $90,000 $110,000 $80,000

In the context of your career choice, your own business skills cannot influence the level of your personal financial success. a. true b. false

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase