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3 years ago

Which method is used to determine a persons net worth?

1 answer:

8 0

Essentially, your net worth is the value of what you own, minus what you owe. Or, as a formula: assets – liabilities = net worth

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Tiger Trade has the following cash transactions for the period.

insens350 [35]

Answer:

Cash flow from operating activities

Cash inflows

Cash received from sale of products to customer $35,000

Cash received from sale of services to customer $25,000

Cash outflows:

Cash paid to merchandise suppliers ($11,000)

Cash paid to workers ($23,000)

Cash paid for advertisement ($3,000)

Net cash flow from operating activities $23,000

Cash flow from investing activities

Cash paid to purchase factory equipment ($45,000)

Cash received from sale of warehouse $12,000

Net cash flow from investing activities ($33,000)

Cash flow from financing activities

Dividend paid ($5000)

Cash received from bank loan $40,000

Net cashflow from financing activities $35,000

Net cash increase $25,000

Cash at the beginning of the year $4,000

Cash at the end of the year $29,000

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3 years ago

An increase in the real wage would result in a:________. a. shift of the labor demand curve, causing an increase in the number o

barxatty [35]

Option C

An increase in the real wage would result in a: movement along the labor demand curve, causing a decrease in the number of workers hired by the firm.

Explanation:

The wage rate is circumscribed by the crossing of supply and demand for labor. The demand curve depends on the marginal product of labor and the cost of the good labor originates.

A variation in the wage or payroll will end in a shift in the amount necessitated of labor. If the wage rate increases, organizations will require to hire fewer employees. The quantity of labor demanded will decline, and there will be a movement skyward on the demand curve.

5 0

3 years ago

On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,200,000 for $5,000,000. Rigsby appropriately uses the i

ivann1987 [24]

Answer:

Instalment receivables (net) of $2,905,600 is the correct answer.

Explanation:

Instalment Receivables ($5,000,000 - $460,000) = $4,540,000

Deferred gross profit ($1,800,000 - $165,600) = $1,634,400

Instalment Receivables (Net) = $2,905,600

6 0

3 years ago

Zelda is a recent fashion graduate. She started her own apparel store with an investment of $300,000. In the first year she made

-BARSIC- [3]

Answer: The amount $62,000 ($50,000 + $12,000) would be Genevieve's Opportunity Cost

Explanation:

Opportunity cost is the next best alternative foregone.

5 0

3 years ago

After the foundation is built ,the blank can begin. Fill in the blank.

maxonik [38]

Construction building

4 0

3 years ago