A plan to enter a career is an example of a (an)

Suppose that Cheryl's only assets are an automobile worth $10,000 and a checking account with a $5,000 balance. Her only liabili

melamori03 [73]

Answer:

Cheryl's net worth is;

c). $5,000

Explanation:

The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.

The following formula can be used to estimate Cheryl's net worth;

N=A-L

where;

N=net worth

A=assets

L=liabilities

In our case;

N=unknown to be determine

A=Automobile+checking account

Automobile=$10,000 and checking account=$5,000

A=10,000+5,000=$15,000

L=student loan+car loan

student loan=$2,000

car loan=$8,000

L=2,000+8,000=$10,000

replacing;

N=15,000-10,000=$5,000

Cheryl's net worth=$5,000

4 0

3 years ago

What are the major barrier to vertical communication

sladkih [1.3K]

Although the barriers to effective communication may be different for different situations, the following are some of the main barriers:

Linguistic Barriers.
Psychological Barriers.
Emotional Barriers.
Physical Barriers.
Cultural Barriers.
Organisational Structure Barriers.
Attitude Barriers.
Perception Barriers.

6 0

3 years ago

Bob, a restaurant and equipment business manager, believes in the economic model of social responsibility. Which of the followin

Mariana [72]

Answer:

Economic model is the answer of this question

3 0

3 years ago

Suppose that an additional 350 hours per week can be obtained from the milling machines by working overtime. The incremental cos

LUCKY_DIMON [66]

Solution :

It is given that :

Additional time obtained per week from milling machines = 350

The incremental cost = $ 2 per hour

Therefore, the allowable increase for milling operation is 400.

This indicates that we can accommodate additional constraint RHS of $200$ hours.

Also we have to consider the impact on the profit of 2.25 which is an incremental cost of $1.5$ is well affordable.

6 0

3 years ago

Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenu

AleksAgata [21]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Head- First expects to produce total revenue of $570,000

The total variable cost of $388,000.

The total fixed cost is expected to be $58,900.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 58,900 / [(570,000 - 388,000) / 570,000]

Break-even point (dollars)= 58,900/0.3193

Break-even point (dollars)= $184,466.02

Contribution margin income statement:

Contribution margin= contribution margin ratio*sales

contribution margin= 0.3193*184,466.02= 58,900

Fixed costs= (58,900)

Net operating profit= 0

4 0

3 years ago