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
Ierofanga [76]
3 years ago
5

Ted Riley owns a Lexus worth $40,000. He owns a home worth $275,000. He has a checking account with $800 in it and a savings acc

ount with $1,900 in it. He has a mutual fund worth $110,000. His personal assets are worth $90,000. He still owes $25,000 on his car and $150,000 on his home, and he has a balance on his credit card of $1,600. What is Ted's net worth?
Business
1 answer:
soldier1979 [14.2K]3 years ago
6 0

Answer:

Ted's net worth: 341,100

Explanation:

  • Lexus 40,000
  • Home 275,000
  • Checking account 800
  • Savings account 1,900
  • Mutual fund 110,000
  • Personal assets 90,000

Total Assets: 517,700

  • Car debt 25,000
  • Home debt 150,000
  • Credit card 1.600

Total Liabilities: 176,600

Net Worth: 341,100

You might be interested in
Given the following data: Average operating assets $ 504,000 Total liabilities $ 23,520 Sales $ 168,000 Contribution margin $ 85
kipiarov [429]

Answer:

9%

Explanation:

According to the given situation, the solution of return on investment is shown below:-

Return on investment = (Net operating income ÷ Average operating assets) × 100

now, we will put the values into the above formula

= ($45,360 ÷ $504,000) × 100

= 0.09 × 100

= 9%

Therefore for computing the return on investment we simply applied the above formula.

7 0
3 years ago
Why my questions never get answer. I feel unappreciated. Going to brainly x'd x'd
zysi [14]
Aww im truly sorry about that let me know if i can help 
4 0
3 years ago
What is an emotional motive?
Usimov [2.4K]

Answer: Emotional motivations cause consumers to buy on the grounds of their thoughts, desires, or urges. Such motivations, mostly motivated by marketing and popular trends, may not even be known to consumers.

The forces that derives emotional decision could be adventure, affection, appearance and fear etc. These decisions might not be economical for the consumers from the money point of view but it generally results in mind satisfaction for the consumer.

 

4 0
3 years ago
Briefly define and give a specific example of:A.1.Scale economies in connection with urban economics (i.e., related to land use,
Shtirlitz [24]

Answer:

Explanation:

.1.Scale economies in connection with urban economics (i.e., related to land use,housing, or firm location)A.2.Pecuniary agglomeration economiesA.3.Technological agglomeration economiesA.4.Retail agglomeration economiesA.5.ExternalitiesA.6.ceteris paribus assumptionA.7.A numeraire goodA.8.An efficient allocation of resources

7 0
3 years ago
Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2021. The bonds sold
BabaBlast [244]

Answer:

calcule estúpido malparido

3 0
3 years ago
Other questions:
  • An example of ________ is that a person may reject an investment when it is posed in terms of risk surrounding potential gains,
    15·1 answer
  • If the Consumer Price Index was 90 in one year and 100 in the following year, then the rate of inflation is about
    8·2 answers
  • Why is it important to add images charts and graphs into reports? what is important to illustrate reports with visuals?
    6·2 answers
  • Beginning inventory, purchases, and sales data for dvd players are as follows: november 1 inventory 120 units at $39 10 sale 90
    9·2 answers
  • During March, Pendergraph Corporation incurred $65,000 of actual Manufacturing Overhead costs. During the same period, the Manuf
    10·1 answer
  • Assume the spot rate for the British pound currently is £.6369 per $1. Also assume the one-year forward rate is £.6421 per $1. A
    15·1 answer
  • What are the functions of Holloware
    12·1 answer
  • Arturo is a sales manager for the bratney companies, a company that manufactures equipment used in the processing of grains and
    12·1 answer
  • Has Toyota done the right thing by manufacturing a car brand for everyone? Why or why not?
    7·1 answer
  • A special order offering to buy 112,000 units has been received from a foreign distributor. The only selling costs that would be
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!