All categories

3 years ago

Can you describe cody's current financial position as good average or poor

1 answer:

8 0

The question was based on https://www.longbranch.k12.nj.us/cms/lib/NJ01001766/Centricity/Domain/661/Codys_Statement_of_Financi....

If we would divide the given facts into assets and liabilities the answer is poor. He went below because of his spendings.

Assets                          Liabilities
TV-                    250                         student loan      2600
Mp3 Player       200                         credit card 1          850    Laptop    750 credit card 2           1200    Game system   250           loan from parents 200 watch      200 truck 3200 Checking Account       560    Savings Account 1      945                                                                          Savings Account 2 3400                                                 TOTAL                 $ 6555           TOTAL            $8050                LOSS $-1495

You might be interested in

How much money should be deposited annually in a bank account for five years if you wish to withdraw $5 comma 500 each year for

Zarrin [17]

Answer:

The initial deposit should be $ 25.46

Explanation:

The Annuity formula is

P=R [1−(1+i)^-n/i]⋅(1+i)

Where

P= Initial deposit

R=Regular Withdraw amount

i=Interest rate

n=Number of years/periods

After entering corresponding values in the formula we get $25.46

so P (which is our initial deposit)=25.46

6 0

2 years ago

Sasha has run a small diner near the train station for the past ten years. Six months ago, a chain restaurant serving gourmet bu

fenix001 [56]

Answer:

threat of new entrants

Explanation:

Based on the information provided within the question it can be said that force that has affected Sasha's business, from Porters five forces was the threat of new entrants. This force refers to the threat that comes from new competitors entering an industry with existing competitors. If the barrier to entry of the market is low/easy for these new companies then it creates a huge threat to the existing company's since it allows them to get established in the market fast and at a low cost.

6 0

3 years ago

An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the

Mazyrski [523]

Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

= Sales revenue - Cost of goods sold

Sales revenue:

= 200,000 x 4.70

= $940,000

Cost of goods sold:

= Total production cost / Total units produced x Units sold

= 665,600 / 208,000 x 200,000

= $640,000

Gross profit:

= 940,000 - 640,000

= $300,000

Find out more on gross profit at brainly.com/question/942181.

#SPJ1

3 0

1 year ago

Yvonne works in the distribution center for publix supermarket, creating and placing price and identification labels on merchand

rewona [7]

Yvonne’s job involves of ticketing and marking. This is where products are being labeled with identification or that price tags were being assigned to each products for consumers to have the knowledge about the product in which Yvonne’s job is involved to.

5 0

3 years ago

What impact can good accountability mechanisms have on the admissibility of evidence in court cases? enables encryption of the e

ludmilkaskok [199]

Answer:

Option A, ENABLES ENCRYPTION OF THE EVIDENCE.

Explanation:

Admissible evidence, in a court of law, is any testimonial, documentary, or tangible evidence that is introduced to a judge or jury to prove a point (put forth by a party to the proceeding) or element in a case.

However, before an evidence can be used in a case, it must be considered admissible. And for an evidence to be admissible, it must be relevant and not excluded by rules of evidence (generally means it must not be prejudicial and must be reliable).

The government can be viewed as mechanism of accountability, particularly from a provider to a purchaser. Thus, a task for regulation is to set norms which would help make that accountability process fair and effective, this is referred to as the mechanism.

A good accountability mechanism is beneficial in the following ways:

* It has impact on admissibility of evidence in court cases.

* it allows nonrepudiation (it means sufficient evidence exists such that a user can not defend an action).

* It enables encryption of the evidence. Encryption means is the process of encoding a message or information in such a way that only authorized parties can access it and unauthorized parties cannot.

Therefore, option A best suits the question, the impact that a good accountability mechanism has on on the admissibility of evidence in court cases is that it ENABLES THE ENCRYPTION OF THE EVIDENCE.

7 0

3 years ago