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Mumz [18]
3 years ago
15

Theresa owes $9,000 on her car loan. If the value of her car is $15,000, what is her equity in the car?

Business
1 answer:
pentagon [3]3 years ago
7 0

Answer:

Theresa has $6,000 in equity.

Explanation:

To get this answer, you take the value of her car ($15,000) and subtract the amount that she owes from it ($15,000-$9,000). This gives you $6,000.

Hope this helps!

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One component of the pension liability under both U.S. GAAP and IFRS is prior service cost (or past service cost under IFRS). AB
Ket [755]

Answer:

Option A is correct which states that".There is no such thing, in IASB standards, as a "contingent asset"

4 0
3 years ago
Midwest Corporation has provided the following data concerning manufacturing overhead for 2020: Estimated manufacturing overhead
Firlakuza [10]

Answer:

$18,000

Explanation:

The computation of the amount of manufacturing overhead is shown below:

But before that first determine the overhead rate which is

= $30,000 ÷ 2,000

= $15

Now the amount of manufacturing overhead applied for Job A-101 is

= $1,200 × $15

= $18,000

Hence, the amount of applied manufacturing overhead is $18,000

5 0
4 years ago
A method managers use to evaluate the resources at their disposal and manage or alter them to achieve competitive advantage is r
Sedbober [7]

Answer:

Resource View

Explanation:

A resource view or resource-based view is a strategic tool, hence its use by managers. It is bascially employed by management for the assessment of an organisation's strategic resources or assets in order to enhance the efficient and effective use of all available resources to maximize competitive advantage.

Some refer to the Resource Based View (RBV) as a managerial framework specifically employed to strategically maximize resource use for sustained advantage over competitors.

3 0
3 years ago
Five aspects of business
emmasim [6.3K]

Answer:

Here you go!

Explanation:

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3 0
3 years ago
ssume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D 0 =
Rufina [12.5K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Dividend, D0 = $0.90

Price, P0 = $27.50

Growth rate, g = 7.00% (constant)

D1 = D0 (1 + g)

    = $0.90 × (1 + 0.07)

    = $0.90 × 1.07

    = $0.963

Cost of equity, Ke = [ D1 ÷ P0 ] + g

                               = [$0.963 ÷ $27.50 ] + 0.07

                              = 0.0350 + 0.07

                               = 0.1050 i.e 10.50 %

7 0
3 years ago
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