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2 years ago

If you don't own a home or a car, your liability is

Business

1 answer:

muminat2 years ago

8 0

If you don't own a home or a car, your liability is b. lower than one who owns both.

<h3>What is a Liability?</h3>

This refers to the legal state of a person who is responsible for something that is put in his care.

Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.

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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity 12/31/20

salantis [7]

Answer:

17 million

Explanation:

The computation of the outstanding common shares is shown below:

= Number of common shares outstanding - treasury common stock

where,

Number of common shares outstanding = Total value of the common shares ÷ par value of the share

= $105 million ÷ $5

= 21 million

And, the treasury common stock is 4 million

Now put these values to the above formula

So, the value would equal to

= 21 million - 4 million

= 17 million

6 0

3 years ago

Interest rates are affected by what? (for Global Business)

Rufina [12.5K]

I think a is the correct answer let me know if This helps

7 0

3 years ago

A firm will maximize profit by producing that level of output at which?A. the additional revenue from the last unit sold exceeds

Tju [1.3M]

Answer: The correct answer is "E. both b and c.".

Explanation: A firm will maximize profit by producing that level of output at which "B. the additional revenue from the last unit sold equals the additional cost of the last unit." (<u>to the point where Marginal Income = Marginal cost</u>). And the "C. total revenue exceeds total cost by the largest amount".

4 0

3 years ago

Which of the following evaluation tools can be used to find the percentage of the atoll amount the sales person plan is projecte

boyakko [2]

Answer:

I think its b let me know if im wrong!

6 0

2 years ago

Read 2 more answers

Calculating Residual Income

olga_2 [115]

Answer:

1) $2,500,000

2) $425,000

Explanation:

The Average Operating Assets is given using the formula

= (Beginning Operating Assets + Ending Operating Assets) ÷ 2

on substituting the values from the question, we get

⇒ Average Operating Assets = (2,700,000 + 2,300,000) ÷ 2

⇒ Average Operating Assets = 5,000,000 ÷ 2

⇒ Average Operating Assets = $2,500,000

The Residual Income is calculated as:

= Operating Income - (Minimum Rate of Return × Average Operating Assets)

on substituting the values from the question, we get

⇒ Residual Income = $800,000 – (15% × $2,500,000)

⇒ Residual Income = $800,000 - $375,000

⇒ Residual Income = $425,000

3 0

3 years ago