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leva [86]
3 years ago
13

A customer has total assets of $436,000 and total liabilities of $314,000. The customer has just signed a contract to buy a new

car for $35,000; and will finance it by taking $5,000 from his existing checking account and borrowing the remaining $30,000 from the auto finance company. As a result of this transaction, the customer's net worth will:
Business
1 answer:
natta225 [31]3 years ago
8 0

Answer:

$122,000

Explanation:

Net worth refers to total assets minus total liabilities.

Therefore, the net worth of this customer can be calculated as follows:

Assets = Existing assets + A new car - Withdraw from existing checking account = $436,000 + $35,000 - $5,000 = $466,000

Liabilities = Existing liabilities + Borrowing from auto fiance company =  $314,000 + $30,000 = $344,000

Net worth = Assets - Liabilities = $466,000 - $344,000 = $122,000.

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The hedge ratio of a call option is
natima [27]

Answer:

A positive constant

Explanation:

the hedge ratio cimparez the amount of a position that is hedged to the entire position

7 0
2 years ago
The late famous broadcast journalist Walter Cronkite said that one of his regrets in life was not actively participating in the
Wewaii [24]

Answer:

The correct answer is True.

Explanation:

According to Maslow's theory of human needs, self-realization needs are those that seek to satisfy our own personal abilities, to develop our potential, to do what we have better aptitudes for and the need to develop and expand metamotives (discover the truth, create beauty, produce order and foster justice). This was exactly what Walter was looking for, because it was what he really loved.

6 0
2 years ago
Justus Motor Co.has a WACC of 11.50%, and its value of operations is $25.00 million. Justus's free cash flow is expected to grow
lakkis [162]

Answer:

FCF_0=1.05

So option (b) is correct option

Explanation:

We have given value of operation PV = $25.00

WACC, that is Ke = 11.50% = 0.1150

It is grow at a constant rat of 7 % so g = 0.07

We have to find the value of FCF_0

We know that value of operation is given by

PV=\frac{FCF_0(1+g)}{Ke-g}

So 25=\frac{FCF_0(1+0.07)}{0.1150-0.07}

FCF_0=1.05

So option (b) is correct option

4 0
3 years ago
During 2020, Leisel, a single taxpayer, operates a sole proprietorship in which she materially participates. Her proprietorship
spayn [35]

Answer:

i think it is $98,602

Explanation:

6 0
2 years ago
How many people lost their jobs when the minimum wage increased from $12 to $18
Inessa05 [86]
I would say 33.. But im not 100% sure
3 0
3 years ago
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