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
brilliants [131]
3 years ago
14

Anthony Clement is applying for a car loan. The lending institution requires a personal net worth statement. Anthony currently h

as $1,085.00 in cash, and his camera is worth $635.00. He also owes Vista Travel $305.00 and Kelley Electronics $83.00. Complete a net worth statement for Anthony Clement. Select Current Date in the appropriate field. In each section, enter items in descending order of amount.
Accounting 1
Business
1 answer:
ozzi3 years ago
6 0

Answer:  Anthony's net worth is $1322.

The personal net worth statement of Anthony Clement

Assets:

Cash                                    1085

Camera                                 635    

Total Assets                     1720  (1085+635)

Liabilities:

Owed to Vista Travel               305

Owed to Kelley Electronics        83  

Total Liabilities                          388   (305+83)ony's net wprth os

Net Worth                            1720 - 388 = 1332


You might be interested in
The listing type that assures a broker that he or she will receive compensation no matter who procures the buyer is what kind of
TiliK225 [7]

Answer:

It's termed the Exclusive right to sell

4 0
3 years ago
In Crane Company, land decreased $154000 because of a cash sale for $154000, the equipment account increased $55000 as a result
Naya [18.7K]

Option (B) The net cash provided by investing activities is $99000 is correct.

<h3>What is net cash?</h3>
  • On a company's financial statements, net cash is a sum that is given.
  • It is determined by deducting a company's total cash from its total liabilities.
  • When assessing the cash flows of a corporation, the net cash figure is frequently utilized.
<h3>What is cash flow?</h3>
  • The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
  • A firm constantly receives and expends cash.
  • For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
<h3>Calculation of Net cash provided by investing activities:</h3>

Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000

Hence, The net cash provided by investing activities is $99000.

Learn more about cash flow here:

brainly.com/question/18301012

#SPJ4

5 0
1 year ago
Can someone give me an overview of Apple Inc. their success and best management practices?
Taya2010 [7]

Answer:

In particular, Apple demonstrated the following best practices, as identified in the article:

Identifying multiple suppliers for key components. ...

Refusing to ship potentially faulty products to customers. ...

Taking online orders initially. ...

Considering adding additional assemblers to meet pent up demand.

8 0
2 years ago
At the minimum wage (set above the equilibrium wage),
dimulka [17.4K]
C. None of the individuals who end up working are paid more than if the were paid the equilibrium wage.
3 0
3 years ago
List the four responsibilities businesses have to customers.
Rainbow [258]

Answer:

good luck bro you got this

Explanation:

to provide after-sale service on the basis of the nature of a product

to provide information about the changes introduced by the business

to take necessary steps to improve quality, reduce price and develop the network for distribution

to supply better quality goods at the right time at a reasonable price

4 0
3 years ago
Other questions:
  • Software development process that develops software iteratively with a heavy emphasis on construction activities is known as
    14·1 answer
  • Kirk wants to attend a four-year college. Which cost factors does Kirk need to research for the out-of-state school he wants to
    10·2 answers
  • Which of the following costs do not vary with the amount of output a firm produces? a. average fixed costs b. fixed costs and av
    7·1 answer
  • On August 1, 2019, the accountant for Western Imports downloaded the company's July 31, 2019. Bank statement from the bank?s Web
    13·1 answer
  • The Coase Theorem states that
    13·1 answer
  • A(n) _____ describes your core values and highest career goals.
    6·2 answers
  • Students will write a thorough explanation of the impact of price ceilings would have on the field of medicine in the United Sta
    11·1 answer
  • The bond of Tuckpeck is 8¼ 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the neares
    5·1 answer
  • Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talen
    13·1 answer
  • What were the economic activities of the shasta native americans on the northwest coast?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!