1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arlecino [84]
3 years ago
6

Lana owns a house worth $325,000 and has a mortgage of $245,000. She owns a guitar worth $750. She also owns a car worth $15,000

and has $9,000 in car loans. She has $8,000 in stock investments and $2,100 in a savings account. What is Lana’s net worth? $83,750 $96,850 $254,000 $350,850
Business
2 answers:
diamong [38]3 years ago
8 0

Answer:

$96,850

Explanation:

The net worth refers to the value of all the assets owned by a person or entity minus the value of all the liabilities. In Lana's case the assets are:

House $325,000

Guitar $750

Car $15,000

Stock investments $8,000

Savings Account $2,100

Total value of assets: $350,850

Lana's Liabilities:

Mortgage $245,000

Car loans $9,000

Total value of liabilities: $254,000

So, Lana's net worth would be:

$350,850-$254,000= $96,850

Tema [17]3 years ago
5 0

Answer:

$96,850

Explanation:

took the test

You might be interested in
Is it possible to be admitted to Minnesota Bar Association without taking the test over? Have practiced law in Colorado for 0ne
Alinara [238K]
Rules for Admission to the Bar

The Rules for Admission to the Bar have been updated as of July 1, 2017. A complete listing of rules can be downloaded in PDF format. Or, browse Rules by section using the links below.

1. Purpose
2. Definitions and Due Date Provisions
3. State Board of Law Examiners
4. General Requirements for Admission
5. Standards for Admission
6. Admission by Examination
7. Admission Without Examination
8. Admission by Temporary License for Legal Services Programs
9. Admission by Temporary House Counsel License
10. Admission by House Counsel License
11. License for Foreign Legal Consultants
12. Fees
13. Immunity
14. Confidentiality and Release of Information
15. Adverse Determinations and Hearings
16. Conditional Admission
17. Appeal to the Supreme Court
18. Reapplication
19. Bar Admissions Advisory Council

6 0
3 years ago
An investor purchased a property for $350,000. The investor paid a $150,000 down payment and obtained a $200,000 mortgage. The g
mylen [45]

Answer:2.68

Explanation:

divide the income into the expenses

8 0
2 years ago
Who is the best rapper??
omeli [17]

Eminem is best rapper and musicians

5 0
3 years ago
Read 2 more answers
Cromwell manufactures specialty electronic circuitry through a unique photo-electronic process. One of the primary products, Mod
WARRIOR [948]

Answer:

the  labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable

Explanation:

The computation of the labor rate variance and labor efficiency variance is given below;

For Labor rate variance

= $12,000 - (2000 × 7)

= $2000 F    

And, the Labor efficiency variance is

= 7 × (2000 - 3000 × 0.5)

= $3500 U

Hence, the  labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable

8 0
3 years ago
What management function is production manager Cedric Stein using when he orders aluminum component parts (bumpers, drive trains
N76 [4]

Answer:

Purchasing

Explanation:

In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.

When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry

Therefore in the  given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used

5 0
3 years ago
Other questions:
  • Bobby consumes only chocolate and vanilla ice cream and he is spending all of his income. For the last scoop of chocolate and va
    9·1 answer
  • Labor traffickers are most likely to take advantage of employees in which of the following professions?
    14·1 answer
  • Toys Unlimited has the following cost data available. Direct Materials are $99 per unit. Direct Labot is $55 per unit. Variable
    15·1 answer
  • Which condition would not help to produce a test like environment?
    7·1 answer
  • Inventories do not include $15,000 of merchandise that was in transit on December 31, which was sold to a customer with terms f.
    8·2 answers
  • Smith Office Equipment Company's budgeted manufacturing overhead is $5,400,000. Overhead is allocated on the basis of direct lab
    7·1 answer
  • Latting Corporation has entered into a 7 year lease for a building it will use as a warehouse. The annual payment under the leas
    11·1 answer
  • Reeves Co. filed suit against Higgins, Inc., seeking damages for copyright violations. Higgins' legal counsel believes it is pro
    10·1 answer
  • For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance.
    14·1 answer
  • LaTanya Corporation is planning to issue bonds with a face value of $107,000 and a coupon rate of 6 percent. The bonds mature in
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!