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3 years ago

When making a major purchase, people should

Business

2 answers:

RoseWind [281]3 years ago

5 0

Consider their future needs, you don’t want to buy something and use all your money if you need other things to

Sindrei [870]3 years ago

5 0

Answer:

A. consider their future needs.

I can confirm that is the answer on Edgenuity

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Shelly’s assets include money in checking and savings accounts, investments in stocks and mutual funds, and personal property, i

Lady bird [3.3K]

Answer:

The net worth is $92,500

Explanation:

In this question, we apply the accounting equation which is shown below:

Total assets = Total liabilities + shareholder's equity

$108,800 = $16,300 + shareholder's equity

So, the shareholder equity or net worth equal to

= $108,800 - $16,300

= $92,500

These are the items of the balance sheet. By using the accounting equation, the total debit and the total credit side of the balance sheet items should always be balanced and equal.

8 0

3 years ago

Rent control, which sets apartment rents below the equilibrium price, is an example of a

TiliK225 [7]

Rent control, which sets apartment rents below the equilibrium price, is an example of a GOVERNMENT-MANDATED PRICE CONTROL.

Rent control benefits the tenants because the landlord can't demand they pay higher rent under the Rent Control Act of 2009.

3 0

4 years ago

Read 2 more answers

Since nominal wages were constant as the price level changed, you explain that a decrease in the price level leads to an _______

Wittaler [7]

Answer:

increase in real wages, hiring less workers

Explanation:

In the case when the nominal wages are remain same but at the same time the level of the price should changed so if there is an decrease in the level of the price so that means there is an increased in the real wages as it is an inverse relationship between the real wages and the price level due to this the firm could hired less workers as the wages are increased

6 0

3 years ago

During the year, Sara sold a capital asset at a loss of $2,000. She had held the asset as an investment. This is the only capita

Sedbober [7]

Answer: A deduction for a loss incurred on the sale of a capital asset held for investment is a deduction for AGI.

Explanation:

AGI means the Adjusted gross income in the US tax system. Specific deductions are made from the individuals gross income to arrive at the AGI. the income which is taxable is calculated from the adjusted gross income from which personalized exemptions and itemized deductions.

In this case Sara has got a loss of $2,000 on the investment so this amount is deducted as a capital loss for AGI. AGI factors many allowable deductions from the gross income on which the income tax liability is calculated.

4 0

3 years ago

Assume the current Treasury yield curve shows that the spot rates for six months, one year, and one and a half years are 1 %1%

Ludmilka [50]

Answer:

present value of bond = $1042.96

Explanation:

given data

spot rates for six months = 1%

spot rates for one and = 1.1%

spot rates for one and half years = 1.3%

price = $1000