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Sliva [168]
3 years ago
11

How much would you have made or lost on an investment of $1 000

Business
1 answer:
Ad libitum [116K]3 years ago
5 0

Answer:

depends on how much you already have...

Explanation:

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Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She ha
Rainbow [258]

Answer:  $88,700

Explanation:

Given that,

House value = $275,000

Mortgage = $195,000

Car value = $12,000

Car loans = $7,500

Investments = $3,000

Bank account = $2,700

Owes on a credit card = $1,500

Keisha’s net worth:

= House value - Mortgage + Car value - Car loans + Investments + Bank account - Owes on a credit card

= $275,000 - $195,000 + $12,000 - $7,500 + $3,000 +  $2,700 -  $1,500

= $88,700

6 0
3 years ago
Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2018: Common Stock, $1 par value, 1,900,0
aalyn [17]

Answer:

                             Prom Night Formal Wear

                                      Balance sheet

                             Stockholders' equity section

                                    December 31, 2018

                PARTICULAR                                         AMOUNT

Stockholders equity

Common stock                                                       $1,900,000

Additional Paid-in capital                                       $23,000,000

Total Paid-Up Capital                                            $24,900,000

Retained earning                                                    $16,000,000

Treasury stock                                                         ($1,850,000)

                                                                               <u>                        </u>

Total Stockholder equity                                     <u>  $39,050,000</u>

8 0
3 years ago
Which product would normally be classified as a shopping good or service? multiple choice magazines a laptop computer designer w
12345 [234]

The answer is a laptop computer.

Thus, Laptop computers would be classified as homogeneous shopping products.

What is shopping products?

  • A shopping item may be a sort of item that requires shopper investigate and comparison of brands.
  • Homogeneous and heterogeneous are the two particular sorts of shopping items.
  • Homogeneous items are seen by consumers as exceptionally comparable in nature and the ultimate buy is more often than not decided on the lowest price.
  • If our farmer's feed compactor required substitution, he would seek for the foremost reasonable one.
  • Other illustrations of this sort of shopping item would be apparatuses, such as washers, dryers, or a cooler.
  • A item can be a business item or a buyer item. If the end client of the item is the customer, at that point the item may be a customer item.
  • In the event that the conclusion client could be a commerce, at that point it is categorized as a commerce item.

To know more about shopping products visit:

brainly.com/question/14295891?

#SPJ4

3 0
1 year ago
At December 31, 2022, Pronghorn Corporation reported the following plant assets.
Vesnalui [34]

Answer and Explanation:

The preparation of the plant assets is shown below:-

                                    Plant Assets

                               Partial Balance Sheet

                                 December 31, 2013

Land                                                                        $4,897,200

Buildings                                         $26,630,000  

Less : Accumulated Depreciation $13,904,550   $12,725,450

Equipment                                                               $46,406,800  

Less : Accumulated Depreciation  $9,182,250     $37,224,550

Total Plant Assets                                                    $54,847,200

Note:- Here, Building Details for 2023 are not provided, it will be included in the accumulated depreciation above if available

7 0
3 years ago
A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw m
kiruha [24]

Answer:

<u>Omaha would produce a higher Income.</u>

Explanation:

170 Sales revenue per unit

Omaha

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

170 - 20 = 150

Contribution \: per \: unit \times units \: sold = Total \: Contribution \: Margin

9,400 x 150 = 1,410,000

fixed cost (900,000)

<em>Income 510,000</em>

Kansas City

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

170 - 35 = 135

Contribution \: per \: unit \times units \: sold = Total \: Contribution \: Margin

10,000 x 135 = 1,350,000

fixed cost (1,000,000)

<em>Income 350,000</em>

4 0
3 years ago
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