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guajiro [1.7K]
4 years ago
11

During an interview with Heidi Royce, she confessed to accepting $64,500 in kickbacks from a key supplier over the last 6 months

. Heidi's income for the year was $48,000 and her living expenses totaled $94,500 due mainly to medical costs of $40,000. She has a current net worth of $20,000. What was her (increase/decrease) in net worth
Business
1 answer:
erastovalidia [21]4 years ago
3 0

Answer: the net increase in net worth is $2,000

Explanation:

Formulas to apply

1.- Assets - liabilities = Net worth    

2 - Net worth- Prior net worth= Net worth increase

The goal is to obtain the increase in the current net worth

$64,500 + $48,000= $112,500 assets

$112,500 (assets) -94,500(liabilities) = $18,000 (net worth)

$20,000 (Current net worth)- $18,000(prior net worth) =  the increase is $ 2,000

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Which of the following describes the process of inspiring, influencing, and guiding employees to participate in accomplishing co
jeyben [28]

human resource development

4 0
3 years ago
Suppose that Dr. Reilly owns a medical clinic and he enters into a contract to buy 500 tablets of Gensol from Pharzime. The Gens
Ivan

Answer: See explanation

Explanation:

Based on the information given, it can be infered that the goods are nonconforming due to the perfect tender rule.

According to the perfect tender rule, a buyer can reject goods that are deliveres to him or her tender of the goods from the seller isn't perfect. Since the Gensol that he orders are 200 milligrams each while the one delivered are 100 milligrams each, then they aren't perfect.

Therefore, the clinic can reject the shipment, or keep some and reject others if it wants to.

7 0
3 years ago
When would a court consider the adequacy of consideration? Select one: A. To verify that a sale of assets was not done to avoid
solong [7]

Answer:

E. To verify that property was sold at its fair market value

Explanation:

Adequacy of consideration is an aspect of law that says a lawful agreement is made when the buyer of a good or service gives a fair price for offerings made by the seller.

The fair price may however come in different forms - property, a promise to perform an action, an act, or money.

For example if a person offers to sell a car at $3,000 and the buyer accepts this price, the agreement is said to have adequate consideration.

If a court determines that a contract does not meet fair market price of goods and services sold, it can nullify the contract

4 0
3 years ago
Why is it important to send a thank you note after an interview
Serga [27]

Answer:

so that they know that u appreciate that they gave you their time and energy so they can help you and their company.

Explanation:

3 0
3 years ago
Goods sold to Mahesh Rs 20000 journal entries​
eimsori [14]

Answer:

see below

Explanation:

This transaction is affecting sales. It is increasing sales( revenue account) by Rs 20,000.  An increase in sales is recorded by crediting the sales account.

The goods are sold to Mahesh. It is an increase in accounts receivable ( asset account). An increase in assets is recorded as a debit to the asset account.

The Journal will be as follows.

 Mahesh A/c Dr. Rs. 30,000

   Sales A/c                                 Cr. Rs.20,000

 

8 0
3 years ago
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