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slamgirl [31]
3 years ago
6

Suppose that a certain fortunate person has a net worth of $76.0 billion ($7.60×10107.60×1010). If his stock has a good year and

gains $3.20 billion (3.20×1093.20×109) in value, what is his new net worth?
Business
1 answer:
iogann1982 [59]3 years ago
4 0

Answer:

new net worth = 79.2 billion

Explanation:

given data

net worth = $76.0 billion

gains = $3.20 billion

to get here

new net worth

solution

we get here new net worth that is express as

new net worth = net worth + gains     .............................1

put here value and we will get here

new net worth = $76.0 billion + $3.20 billion

new net worth = 79.2 billion

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Judy acquired passive Activity A in January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Activity A
Crazy boy [7]

Answer:

Judy may deduct $54,000 of the net losses.

Explanation:

2018 Passive Activity Limitations $39,500

Passive Income ($33,500) – loss allowed to the extent of passive income

Suspended Passive Activity Limitations $6,000

2019 Passive Activity Limitations $69,500

Passive Income ($21,500) – loss allowed to the extent of passive income

Suspended Passive Activity Limitations $48,000

$54,000 Suspended Passive Activity Limitations

7 0
3 years ago
On March 31, 2021, Chow Brothers, Inc., bought 8% of KT Manufacturing’s capital stock for $51.5 million. KT’s net income for the
In-s [12.5K]

Answer and Explanation:

a. The Journal entries are shown below:-

Investment - Capital stock Dr, $51.5 million

         To Cash $51.5 million

(Being investment is recorded)

Unrealized holding gain or loss Dr, $15.5 million ($51.5 - $36.0)

         To Fair value adjustment $15.5 million

(Being fair value adjustment is recorded)

b. Unrealized holding gain or loss Dr, $5.5 million ($51.5 - $30.5 - $15.5)

        To Fair value adjustment $5.5 million

(Being fair value adjustment before sale is recorded)

Cash Dr, $30.5 million

Unrealized holding gain or loss Dr, $21 million

           To Investment - Capital stock $51.5 million

(Being sale of investment is recorded)

4 0
3 years ago
Productivity is a measure of:
Arisa [49]

Answer:

c. the amount of input needed to create a certain output.

Explanation:

Productivity measures the efficiency in the use of the company's resources in the production process. The term productivity is associated with reduced wastage, high quality, and a high input to output ratio.

Productivity is about how well a company uses inputs to generate output. It is measured by calculating the volume of output per hour or comparing the total output against the number of employees.

3 0
3 years ago
Ben is saving 1/5 of his weekly pay to buy a car Write and solve an equation to find what weekly pay w results in savings of $61
creativ13 [48]

Answer: X=$307.50

Given:

Ben’s savings weekly = $61.50

It is 1/5 or 20% of his weekly savings

To find Ben’s weekly pay in $

Let X= Ben’s weekly pay in $

To solve, we use the equation

1/5X=61.50

.20X=61.50

X=61.50/.20

X=$307.50


8 0
4 years ago
Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy
labwork [276]
Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.   
6 0
3 years ago
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