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horsena [70]
1 year ago
13

Someone please check my answers for 5 & 6, correct me if they are incorrect. May someone also please help me with 7 & 8?

Thank you!

Mathematics
1 answer:
joja [24]1 year ago
6 0

For part 5 the total value is $1845, for part 6 the total net worth is $3200, and for part 7 the debt to assets value is 0.433.

<h3>What is debt?</h3>

It is defined as the amount one party needs to pay to another party as the first party borrowed an amount that will be credited by the second party. Debt occurs when one party cannot be able to purchase something under normal circumstances.

5)

Total value = 20×30 + 18×40 + 35×15 = $1845

6)

Net worth = (3500 + 300 + 600) - (1000+200) = $3200

7)

Total debt value = 2000+3200 = $5200

Total assets value = 10000+1300+700 = $12000

Debt to assets value = 5200/12000 = 0.433

Similarly, we can find any debt to assets value by using the formula:

Debt to assets value = Total debt/Total assets

Thus, for part 5 the total value is $1845, for part 6 the total net worth is $3200, and for part 7 the debt to assets value is 0.433.

Learn more about the debt here:

brainly.com/question/17286021

#SPJ1

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