Answer:
b. $75,000
Explanation:
Since assets are $100,000 and liabilities are $175,000, the owner has a deficit to cover of $75,000 ($175,000-$100,000). The deficit will have to be recovered from the owner's stock in General Motors in order to settle the outstanding liabilities. Therefore, the owner will stand to lose the $75,000.
Answer:
$ 364,000
Explanation:
Given;
The number of bonds in which investment is made = 26000
Quote price of the bond = $ 14 per bond
Actual price of the bond = $ 24
Now,
the investment amount is carried out using the quote price of the bonds in the balance sheet
therefore,
Nichols should carry the Elliott investment on its balance sheet as :
= number of bonds invested × quote price of the bond
or
= 26000 × $ 14
or
= $ 364,000
Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
<h3>What is an
original age?</h3>
In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.
Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
Read more about original age
<em>brainly.com/question/26386049</em>
Answer:
D) productive efficiency and allocative efficiency but not necessarily equity.
Explanation:
Countries that have a market economy are capitalistic countries and those that favor command economies (centrally planned) are called socialist countries. No country is totally capitalistic (since governments, taxes, regulations, etc., exist), and no country is totally socialist either. But countries are classified depending on which economic system they favor.
Canada favors free markets, and by doing so, it allows market forces to allocate resources. Consumers are free to decide what to buy and at what price, and producers are free to decide what to sell and at what price. Since private actors are free to decide how to allocate resources, they are allocated more efficiently.
But the negative aspect of capitalism is that income and wealth distribution is very unequal.
The down payment is an initial payment made when something is bought on credit. It usually depends on the type of house or any other form of object
