To know if the classmate’s family is actually wealthy, one will need to know their assets and their debt.
<h3>What is an asset?</h3>
In financial accounting, an asset means a resource that is owned or controlled by a business or an economic entity. An asset is anything that can be used to produce positive economic value.
Assets represent the value of ownership that can be converted into cash and the examples of personal financial assets include cash and bank accounts, real estate, personal property like furniture and vehicles, and investments such as stocks, mutual funds, and retirement plans.
In this case, through the assets, one will be able to know that they're wealthy. The debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. This is the money that they owe.
The asset should more than the debt.
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Answer:
k = 5
Step-by-step explanation:
The standard form of an equation representing proportionality is
y = kx ← k is the constant of proportionality
y = 5x ← is in standard form
with k = 5
Answer:
y = -1/2x + 2
Step-by-step explanation:
y = 2x - 3. The slope here is 2. A perpendicular line will have a negative reciprocal slope. To find the negative reciprocal, just flip the slope and change the sign.
slope = 2 or 2/1.....flip it.....1/2....change the sign...-1/2. So our perpendicular line will have a slope of -1/2.
y = mx + b
slope(m) = - 1/2
(2,1)....x = 2 and y = 1
now we sub and find b, the y intercept
1 = -1/2(2) + b
1 = -1 + b
1 + 1 = b
2 = b
so ur equation is : y = -1/2x + 2 <===
and u can check it with ur points....(2,1)
y = 2x - 3
1 = 2(2) - 3
1 = 4 - 3
1 = 1 (yep...it checks out)
Answer:
2+2=4 quick mafs
Step-by-step explanation:
