if total liabilities were subtracted from total assets, the residual value would be ________. revenues…

if total liabilities were subtracted from total assets, the residual value would be ________. revenues owners equity net income working capital expenses question 30 (2.5 points) which of the following is likely to cause a firm to decentralize? the firm is currently centralized. the firm routinely must make decisions with life - or - death consequences. lower - level managers do not have strong decision - making skills. the firms environment is generally straightforward and predictable. the companys environment is complex and unpredictable.

if total liabilities were subtracted from total assets, the residual value would be ________. revenues owners equity net income working capital expenses question 30 (2.5 points) which of the following is likely to cause a firm to decentralize? the firm is currently centralized. the firm routinely must make decisions with life - or - death consequences. lower - level managers do not have strong decision - making skills. the firms environment is generally straightforward and predictable. the companys environment is complex and unpredictable.

Answer

Brief Explanations:

For the first question, the accounting equation is Assets = Liabilities + Owners' Equity. Rearranging it gives Owners' Equity = Assets - Liabilities. So subtracting total liabilities from total assets gives owners' equity. For the second question, in a complex and unpredictable environment, decentralizing allows for quicker and more informed - decisions at lower levels as those closer to the situation have more information. Centralized firms may be too slow to respond in such environments.

Answer:

Question 29: owners' equity Question 30: The company's environment is complex and unpredictable.